AMD has been a fabulous turnaround story in 2016. AMD was once facing existential threat. The new CEO has turned the ship around. The street has done a good job in explaining why the chip sector has further room on the upside. This chart shows in numbers how far AMD will go.
The first price target is 18.87. The second price target is a prior swing high at 27.90. The longer term target has potential to exceed the dotcom high at 48.50.
What is the entry price/time and stoploss for AMD? The real time trade recommendation will be posted in membership area when that happens.