$Advanced Micro Devices (AMD.US)$ hmm is it because earnings...

Houlee Syed : probably consolidate til ER

Investor A : they like the stock

pootpoot OP Houlee Syed : i still think that its going to be at the lower pennant 138-140 before earnings.
because thats a break out zone. if its good, it will break the pennant upwards, if its bad, go back and find 200ma or mr 90. most semicons are usually are their breakout zone before earnings. the closest breakoutzone should be this pennant

韭菜变主力 : Pootpoot, I would not consider any price action of AMD is breakout before convincing and clear evidence of favorable changes of the fundamental. There are a lot questions for AMD and semi stocks in general. AMD has extremely heavy resistance. Unless it goes above 144, which is very unlikely before the earnings.