AMD (AMD) close to breaking another major support level
By Mark Moneymaster
November 03, 2009 7:18 AM
November 03, 2009 7:18 AM
Symbols: AMD
Microchip producer Advanced Micro Devices (NYSE: AMD) stock has already retraced on high volumes from a level of $5.7 to current level of $4.6.
The Advanced Micro Devices (AMD) stock is now dangerously trading a shade above the 200 days MA, after breaching some other technical indicators confirming the slugsishiness in AMD's(AMD) stock.
The next support for Advanced Micro Devices (AMD) lies between $3.52-$3.87, if fails to hold above $ 4.47.
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