Posted by traderdave on 10th of Jan 2011 at 11:33 am
For those still playing, AMD just touched its second price
target this morning @ 9.24 and has pulled back. The stock has shown
relative strength in a down market, which is always a good sign. It
will be interesting to see how close to the daily high AMD
closes. FTR I got in around 8.19, sold half my position around
8.85, and decided to let the rest ride (with a tight stop of
course).
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AMD
Posted by traderdave on 10th of Jan 2011 at 11:33 am
For those still playing, AMD just touched its second price target this morning @ 9.24 and has pulled back. The stock has shown relative strength in a down market, which is always a good sign. It will be interesting to see how close to the daily high AMD closes. FTR I got in around 8.19, sold half my position around 8.85, and decided to let the rest ride (with a tight stop of course).