Here is the chart. That nasty head and shoulders says it all. AMD has a chance of going to 0 and heading into bankruptcy. Everyone has been dumping this stock like yesterday's news when looking at the OB Vol and A/D line. There is a weak gap back in 2004 that has been filled and is acting as a support, but then there is another support at 10 and some change. The only other support resides in the 1990s and during 2003. When I have to look that far back for support, I wonder if bankruptcy is a possibility. There has to be something so wrong in the wings when I have to start looking at charts from the 90s to find support and when the A/D line falls into the abyss. AMD did do a double bottom in the last two days. So I can only conclude that either AMD is a strong buy right now and it will bounce or its going to head lower and into bankruptcy. Im going to push my chips into the bounce trade. Setting my stop at 12.90. 12.90, no further. Bankruptcy or bounce?