Investors and traders are eyeing a short selling l
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Posted On: 01/30/2017 11:27:42 AM
Investors and traders are eyeing a short selling level on Advanced Micro Devices, Inc. (NASDAQ:AMD) at $11.15. This is a resistance level based on a bear flag bounce that likely is a major top before the next big correction hits. The downside on the next wave will take the stock to $8.40. Investors should be wary of Advanced Micro Devices as it is set to report earnings on Tuesday, January 31st, 2017 at 4PM ET. This may be the catalyst for the next wave of heavy selling, taking it to the ultimate target of $8.40.
Investors and traders alert a sell on Advanced Micro Devices
Investors and traders alert a sell on Advanced Micro Devices
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