Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 203.14

-0.8%

Jan 9 9:30 AM EST

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To: redbird who wrote (27928)	2/10/2001 12:31:27 PM
From: niceguy767	Read Replies (1) of 275872

redbird: Just looking at the charts...DOW looking to break 11,000, Nas looking like bottoming and poised for reverse to 2800, SOXX bottoming and poised for another run at 700...and most importantly, AMD imminently to break out of a triangular formation (upper boundary $25, lower boundary $23)... If Nas and SOXX did bottom on Friday (that's my guess), next week could prove exceptionally strong for AMD as upside breakout (i.e $25) could carry AMD very swiftly to its near term high of $26.50, and if convincingly (high volume) successful in piercing $26.50, an outside chance of $30 by week's end assuming strongly rebounding Nas and SOXX and DOW 11000 plus...

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