### Comment:
We'll see in the next couple of days how many of the early buyers have already sold and how many are bagholding. Yes it has a lot of room to go down, but that doesn't necessarily mean that it will. If people who bought in at $8-$10 are looking at it as a longer term investment, then they have no reason to sell while it's at a possible bottom for now. Post-Er I absolutely think this thing is going to tank but until then it's likely moving up. Probably with huge amounts of resistance at 30.

### REPLY:
Take a look at this five day chart for AMD. You’ll see the bollinger bands tighten before every big drop. There is no reason for me to believe that this trend will suddenly reverse. In the second chart, you’ll see the upward momentum has stopped and has now reversed. I believe that the lowest AMD will hit within the next few days is $25 before starting its next er run up.  https://i.imgur.com/xL6Hei9.jpg https://i.imgur.com/me90TOY.jpg

### END.