( Yesterday close ) Chart courtesy of stockcharts

Shares of Advanced Micro Devices were down again on Tuesday, just 1% to $10.15 after another downgrade. Since the breakdown of $11.25 has been under a big selling pressure, however it is getting clear that the bottom is near, because yesterday trading session showed some signs of strength, and stock has been able to recover almost all morning losses, closing just few cents of the flat line. The chart is ugly but some intersting points should be considered for a possible rebound from these levels. MACD K line is near to crossover D line , a little sign that can make a lot of different. So, stay tuned on AMD, it looks like stock is able to rebound.

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