Yesterday’s earning beat was huge positive for Amkor Technology Inc. (NASDAQ: AMKR). We are about to cross the 200 day moving average soon if this momentum continues.
Let’s see the Buzz on AMKR now.
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DayTradeHFT shows us a loss.. On a short.
27/10/2015 15:50:43 COVER $AMKR Price : 6.24 (6.18) Loss $-97.09. Closing up for the day Total $-2527.62 …(6)
— DayTradeHFT (@DayTradeHFT) October 27, 2015
The smart thing he did here was exit this position and take the short loss. The momentum has clearly changed. Of course I am not one to share my losses, particularly on shorts!
Provesting has this…
$AMKR: Amkor Technology (AMKR) Stock Gains After Earnings Beat: https://t.co/e57SPlWJjm
— ProVesting (@ProVesting) October 27, 2015
Gold Forecast is not positive here…. Shame on him!
$AMKR watch how this fades!!
— Gold Forecast (@chuycgamez) October 27, 2015
ZTradeCZAR offers a bounce… maybe:
locked up most of $AMKR, prob bounce here, never know
— ZTradeCZAR (@ZtradeCZAR) October 27, 2015
TechStocks via Seeking Alpha on J-Devices raising its stake:
Amkor now up 11% post-earnings; J-Devices stake rising to 80% https://t.co/5oZTnLzNa3 $AMKR
— Tech Stocks (@SAlphaTech) October 27, 2015
Ross Cameron the Day Trade Warrier calling for a break-out five hours ago. Did not get that, but still nice day:
watching $AMKR for breakout above 6.25/6.30 pic.twitter.com/FaymhH0vok
— Ross Cameron (@DayTradeWarrior) October 27, 2015
Popped early, Silverberg noted:
$AMKR Whooza!! pops 10.3% in early trading, HOD 6.23
— Ben Silverberg (@silverjet2) October 27, 2015
Over at StockTwits, Bull10 sees it challenging the 200 day moving average of $6.58.