Posted On: 08/24/2012 6:58:04 PM
Post# of 474
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$AMD holds yesterday's low
I took AMD off the table but I continue to watch it. One interesting thing to note is that it held yesterday's low on a closing basis which is the double bottom low from the beginning of August.
I mentioned that this could still bounce but that this is now too risky given the close under 4 bucks. I am not of the mindset that it will get a good enough bounce to justify the risk of falling to 3.50 so the best thing to do is just watch and see if it comes down.
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