This post was just published on ZYX Buy Change Alert.
Advanced Micro Devices (AMD) reported earnings better than the consensus and the whisper numbers. The buy zone is $10 to $11.05, preferably below $10.66. It is trading at $10.91 as of this writing. The first target zone is $12.43 to $13.18. The second target zone is $14.15 to $15.33. Stop zone is $9.0 to $9.34. Those who want a tighter stop may consider a stop on partial quantity in the zone of $9.63 to $9.73. Maximum position size is 30% of full core position size.
This is a short-term trade and not an investment.
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