mster
07-01
$Advanced Micro Devices(AMD)$  

AMD was so flat towards end of last year and begining of this. It started to break after the 2nd quarter and have never look back since.  The upward trajectory looks parabolic and over extended.  Is this high speed train coming to a stop or at least slow down any time soon? 

Modified in.07-02
AMD Beats but Falls 8.7% After-Hours — Were Expectations Already Too High?
AMD rose 7.00% intraday Tuesday, co-leading the chip rally alongside Intel, before tumbling 8.68% after-hours following its earnings release. Key metrics were deemed "solid but unsurprising" relative to Wall Street expectations, with the data center accelerator market-share narrative failing to deliver an upside surprise. The stock had already rallied substantially on AI optimism, with expectations fully front-loaded. When "solid" becomes a disappointment, what will it take for AMD to re-ignite this repricing?
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Comments

  • breezyk
    07-01
    breezyk
    I pulled up AMD weekly too — daily RSI is cooked, but weekly still looks fine. I’m not adding here. Need a real pullback first?
    • mster
      Yeah. Perhaps it’s coming earning will put house in order.
  • SK investor
    07-02
    SK investor
    Is this for real?
  • CHINNY168
    07-02
    CHINNY168

    Great article, would you like to share it?

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