Advanced Micro Devices, Inc. AMD

$AMD This thing is so oversold. MACD and RSI suggest that this is about to turn around.

Sharks would kill $135 strike price options. They won’t let you get your money. Be careful. It would end up worthless.

$AMD looks like an inverse head and shoulder pattern is forming. ????

With the AI bubble still to burst I think we should concentrate on 100$ to be hit in 2024

Market turmoil is far from over expect heavy declines over next few weeks

$AMD ? Piper Sandler reiterates AMD as Top Pick

Nvidia gets most of the fanfare in the semiconductor rate, but Piper Sandler thinks investors need to also pay attention to AMD.

Analyst Harsh Kumar reiterated the stock as a top pick. He has an overweight rating on shares and a price target of $175, which implies upside of 34%.

“We continue to like AMD especially given the recent industry pullback. Our expectations see AMD taking roughly 20% share of the $400B accelerator market by 2028. Additionally, reaffirmed by last week’s INTC (not covered) results, we see AMD gaining significant share in the traditional server market,” Kumar said in a note.

Market share gains for AMD “in the traditional server market are expected to continue given the lackluster execution from industry incumbents INTC. We see this transition continuing to take shape over the next several years as AMD generates additional wins at key customers at the expense of INTC,” the analyst added.

All day weakness mhmm

Staged weakness!

This thing is so oversold…

STRONG SELL signal