New Siri high coming!!!
I see $4 near term for Sirius XM... keep watch.
Advanced Micro Devices Extends Monday's Gains on Hedge Fund Activity; Stock Gains Another 4%
MIDNIGHT TRADER 1:49 PM ET 9/10/13
Symbol Last Price Change AMD 3.855 +0.165 (+4.47%) QUOTES AS OF 02:51:14 PM ET 09/10/2013
02:49 PM EDT, 09/10/2013 (MidnightTrader) --Advanced Micro Devices(AMD) is up another 4% on Tuesday and extending its winning streak to the fifth consecutive day after it was reported on Monday that hedge funds have increased their positions in the semi-conductor maker.
According to SEC filings, 17 hedge funds now have long positions in AMD, a 21% increase from the same quarter last year.
Since last Wednesday, AMD has gained 18% and has punctured resistance at the 50- day moving average at $3.80.
The stock is trading at $3.86, with a 52-week range of $1.81 to $4.65.
Price: 3.86, Change: +0.16, Percent Change: +4.47
be careful, $3.86 could be a top of the elliott wave pattern that i show as one of the possibilities in my last update from yesterday…..wave 5 would be the same as wave 1 in that example and that would put the temporary top at $3.86…..but that is just one of the possibilities….so is a higher temporary top if wave 5 equals wave 3….