AMD upgraded by Credit Suisse
Tuesday, September 04, 2007
Shares of Advanced Micro Devices were up today more than 1.3% to $13.17 after Credit Suisse upgrade stock to neutral from underperform, citing recent earnings reports from H-P, Dell and Seagate. Looking at the daily chart, finally we are seing stock gaining some ground and bounce off from recent lows. All Indicators are now in positive territory and stock may be ready to test major resistance at $13.69. Keep an eye for a possible breakout of this area.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples
Labels: AMD
