MartyLardy

Patterns of The AMD Monster.

Largo
MartyLardy Actualizado   
NASDAQ:AMD   Advanced Micro Devices Inc
4
The past 4 months has been very interesting for AMD. We have been noticing the same symmetric tangle, followed by a consolidation period, and finally, the a lift off. Are we entering another consolidation period followed by a lift off?

If history serves me correct, yes we will!

Shooting to 8...followed by mid 8, triangle, consolidation, lift off to 9.
Comentarios:
3 Bearish Solder the past 3 days. Are we getting ready for a pop to 8 soon?
September 7th:
Appl Iphones, Macbooks and I Macs!
SNE PlaystationNeo PlaystationSlim and More!
Comentarios:
AMD plans to release 1.02 Billion in debt and Stock
-plans to raise $600 Million in common stock from the Publick Market
-Plans to raise $450 Million in convertible senior notes due 3026 ($30 million goes to the costs of the transaction)
-ruffly around 10% dilution.

Summry:
Looks like AMD wants to attack it's debt in the short run for long run gains.
AMD wants to lock in low interest rates now.

Outlook:
AMD told GF that they want to have other chip makers help them produce chips
AMD wants to ship the 10nm chip and go straight for a 7nm chip
Zen is coming out
Vega is coming out
Starship rumors are starting to come out
Playstation Neo Event today
Apple MacBook and IMac rumors
And maybe a Nintendo NX deal.

I feel that this dilution will affect this stock in a positive light. Still bullish. Going to 8...10..and so on!
Comentarios:
Correction has corrected today. This fallout from the symmetric triangle has been noticed back in June too followed by a trend upword. I still believe that with the announcement of the Playstation 4 Pro , current polaris line we will push higher.
Comentarios:
I'm holding strong...
today marks the lower Resistance line. i've lost a lot of money the past few days but I refuse to sell. I still see this push forward next week and recover most of the losses.

I'm trying to find extra cash so I can buy more at the moment.
Operación activa:
From the looks of it we are at the end of the dilution period.
I'm happy to say that I re-positioned myself for better gains. I sold half my profits friday and bought 200+ $9 january 20 2017 Calls and 200+ $8 April 21 2017 calls at a deal. I also now own 4,500 shares of AMD Long term stock.

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