Could AMD miss big on earnings? Cup and Handle

AMD (Advanced Micro Devices Inc.) (BATS:AMD)

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BATS:AMD AMD (Advanced Micro Devices Inc.)

Trend Analysis Chart Patterns Technical Indicators

trendanalysis chartpattern indicator

I like to explore lots of ideas. This is one that seems unthinkable but hey, ya never know. This is a long-term channel and we've formed what looks like a cup and handle. If earnings disappoints, which it very well could, we may find ourselves making the first leg of that handle very quickly.

What do you think?

Комментарий:

See my contrary view, here:

Is AMD going prabolic?

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