The chart included here is of Advanced Micro Devices (Ticker: AMD).
AMD is in the semiconductor space and continues to beat analyst estimates on both sales and earnings, quarter over quarter.
The forecast chart includes a composite of data sets outside the influence of AMD and an agreeing Red Wave forecast.
According to the forecast, the stock should see continued and sustained bullish bias until mid-August. The stock price may climb further into November, but could come under consolidation pressure between August and the late fall.
Chart expands upon click
