AMD earnings give investors what they wanted, now it must deliver Published: July 25, 2017 7:39 p.m. ET Advanced Micro Devices Inc. came through on the first phase of its new product cycle Tuesday, but the next challenge is to deliver results in the $16 billion data center market to justify investors’ continued optimism. AMD AMD, -0.35% AMD, -0.35% beat analyst estimates on both revenue and earnings in its second-quarter report, posting the first operating profit in its graphics and computing business in three years. The performance was due to stronger than expected sales of its new Ryzen chips for PCs and a boost in graphics chip cards for cryptocurrency transactions.
Bear trap is getting bigger and bigger I sold 3/4 of my stack at 15.48 yesterday and added 1/4 today at 13.96
I'm thinking the demand line of the uptrend channel will not hold but the high-volume high from yesterday will get tested again eventually. Daily:
We should hold $12.50 and move higher by ER in 2.5 months. Just hang on, it will come back to $15 if you can wait.
this pre market is almost getting predictable. Every day it goes up and holds at a set price then plummets at market open.
http://wccftech.com/amd-threadripper-1950x-oced-tested-otherworldly-performance/ Very good things ahead... The new Threadripper destroys the Intel competitor. "The Ryzen Threadripper 1950X is by far the most powerful desktop processor we have seen tested to date and once overclocked its performance jumps from the realm of very impressive to, there’s no better word for it, otherworldly. "
Mark my words this will rise either on Thursday (threadripper) the 14th (vega) or next ER. or rise on all those occasions.
