20% GAIN ON ADVANCED MICRO DEVICES IN FOUR TRADING DAYS, EPYC LAUNCH, RAISING THE SECOND TARGET ZONE, TAKE MORE PARTIAL PROFITS $AMD $INTC

20% GAIN ON ADVANCED MICRO DEVICES IN FOUR TRADING DAYS, EPYC LAUNCH, RAISING THE SECOND TARGET ZONE, TAKE MORE PARTIAL PROFITS $AMD

This post was just published on ZYX Buy Change Alert.

AMD is long from an average price of $11.42.  It is trading at $13.73 as of this writing in the pre-market.  It was bought four trading days ago and there is about 20% gain now.  The  first target zone was $12.68 to $13.23.  Most subscribers should have taken partial profits on one-quarter of the position. Stops have already been moved up per the prior post to protect profits in the zone of $12.14 to $12.19.  If you have a large account, consider taking partial profits on a 10% tranche in the zone of $13.38 to $14.23.  Raising the second target zone to $14.88 to $16.37.   The stock is moving up on the launch of EPYC product launch for data centers.  Here is the relevant excerpt about EPYC:

AMD EPYC 7601-based system scored 2360 on SPECint®_rate2006, higher than any other two-socket system score1. One-Socket Server AMD EPYC 7601-based system scored 1200 on SPECint_rate2006, higher than any other mainstream one-socket x86-based system score. AMD EPYC 7601-based system scored 943 on SPECfp_rate2006, higher than any other one-socket system score.

INTC has stated that it plans to beat these specs.

 

Trades posted on The Arora Report Market Blog have produced unrivalled performance since 2007.  Please click here and scroll down to see the table of all trades.  These trades have been scrutinized in real-time by thousands of subscribers across the globe.  This provides easy verification of performance for newcomers to this site.  Only those trades are included in the performance where the entry post was made available to subscribers to The Arora Report Market Blog.  When the entry post is made available only to the paying subscribers and not posted in real-time on The Arora Report Market Blog, the resulting performance of the trade is not credited in the performance table.  There are very nice gains on this trade but since the entry trade was not posted here in real-time, handsome profits on this trade will not be added to the performance of The Arora Report Market Blog shown on the table.

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