Advanced Micro Devices, Inc. AMD

AMD might be oversold but the problem is that Nasdaq is overvalued under the current circumstances.

I expect nasdaq to fall to 11200-11800 this year.

Still expecting AMD to hit 82$
They also have some heavy investments on their spreadsheet who first need to be integrated into the company before generating substantial additional value

Already broke support

99,20$ coming today

At the beginning of the week MACD shed off to -2 which was roughly -15%. Expecting this to repeat today. With further drops for AMD into the 92-95$ area
The aftermath will set the 82$ support area. The FED and new attacks of russia in the east of Ukraine post the biggest risks for the market.

The fed has not other chance than to rise rates by 0,75 basis points in one step

$AMD you been beat down to hard young fella it’s Time To Mooon ????

FOMC day nasdaq will be down -2 to -4% eod

$AMD ??? acquires Prensando

https://www.servethehome.com/amd-acquires-pensando-for-its-dpu-future-intel-ipu-nvidia-bluefield-marvell-octeon-fungible/?fbclid=IwAR1EYRYoQVqp3LG-bbfVk4Jly28Q7MzaQG8CaBY_o-Uf2Cuf2uvClvJCJBg

Big 5-7% drop tomorrow

People celebrating its climbing should learn technicals. Wonderful balanced now to be fked more in the next days

January repeats look at 82$ bottom

Nasdaq technicals ready for a late hour dump