Advanced Micro Devices, Inc. AMD

Trades sideways until further news on chips and dips

Looking for 115$ today
122$ by Friday when labor day correction is not happening.

In this case we are in a 2 week bull run before it gets dangerous with tripple witching around the corner

Looking at least for double top at 122,50$

Further movements depend on market and when correction sets in this week or mid of september

FAANG stocks broke out of their resistance so they need to build a higher base. Next days they will drag nasdaq higher.

Still a small sell off event could happen any time 3-5% in indices. If its not going to happen this Thirsday Friday the pattern looks bullish till 3rd week of September. By this time technicals will have maxed out and we are going into an options expiring event. One of these two sczenarios is going to happen.

Need to buy more ps4

$AMD. FACT:
Shorts have micro penises……

Short breezer day expecting bigger rallies of 5-10% next 3 working days. Probablyselling new highs Thursday afternoon for some gain taking ahead of labor day

$AMD You penny day traders can kiss my ass. You mean nothing and longs already have sealed the win here having been in since $40. Go die ????

$AMD Best of Breed Bitches ???

$AMD Valuation:

Corporate Earnings have run so far ahead of expectations that the market’s valuation based on current, higher forecasts is down from where it stood a year ago; the market’s become less expensive the easy way.