>"$AMD will hit $8 this week they said"
fuck you /biz/
>the financial choices I make with my own money are not my responsibility
>>1589959
Dude relax, it's profit takers and people shorting it. There's going to be news tomorrow and today.
They partnered with HP and Apple is doing an unveiling of their products TODAY. These 2 things have been in the works for a long while.
>>1589959
>DB: $11/share
"Wait till DB bottoms out before buying"
>Jumps to $14.5/share
Never ever ever listen to /biz/ for any reason.
>>1589959
>$AMD
It looks like it should be bought at $6.5.
>>1589988
u honestly think the risk of buying a bankrupt bank is worth a 3 dollar rise in stock price?
>>1590510
are u fucking retarded lol
>>1590541
Downside: The stock could go to a few dollars, -80%
Upside: A couple bucks, 25%~
Yeah, what a retard
This was my pre-earnings analysis.
Now, the updated chart.
We have a breakout to the upside and it pulled back right to the breakout level of $7.12. Either there are buyers here waiting for the retracement or it will be a confirmed breakout failure once it goes below $6.87. Below $6.37, the lowest level hit after earnings and sellers will start getting very aggressive with a target of $5.24
Back above $7.50 would target $8.63.
>>1590581
>acting like making 31% profit in 2 days isn't considered in the stock world as an amazing feat of grace setting you ahead quite a few years. The average return for a stock investor is 8% a year. That's 2 days to do what it usually takes 3.5 YEARS. Years, Nigga.
>acting like there weren't hundreds of people and firms buying DB that day
>"it could go down 80%!"
It could go down 100%, Nigga. No guts no glory. You think they give 31% returns to people that invest in bonds?
A 3 cent failed breakout to the upside and it closed in the middle of the range.
Levels to watch for momentum to start next week:
$7.50 on the upside
$6.85 on the downside
It finally broke above the 10/3 high at $7.15, but finished the week at only $7.20. A failure to maintain this 1st breakout after earnings of the old $6.24-$7.12 would be very bearish.
$7.10 looks to be the pivot. Bullish above, bearish below.