AMD Bullish outperform on the Horizon? Higher Actual Earnings?!?
AMD has a History of outperforming Earnings Estimates. I believe this provides Stark Fundamentals, in order to support the TA Case for a reversal to the upside:
> Q1 2021 18% higher than expected
> Q2 2021 16% higher than expected
> Q3 2021 9% higher than expected
> Q4 2021 21% higher than expected
With the above earnings in mind. The last 4 Quarterly reports provided an average of 16% out performance for Actual over Estimated earnings.
I have become very Bullish on the Fundamentals of AMD. A company in which, I and other already consider to have stronger Financials that Nvidia. (Also bullish on NVIDIA - just more for AMD)
Even with the "Ukrainian Heroic Freedom War" effect on the companies earnings, I would expect a slight out performance to repeat.
>>I have all the earnings dates laid out with the Vertical lines<<
Technical Analysis
I believe that the Green Horizontal line, which has been substantial resistance, support, resistance and now Support. Will be the foundation for a reversal to the upside. The Tech Sector, more particularly AMD, is at one if not the most Oversold level(s) in the companies History. One must only look at the distance from the Moving Averages to see this. My Quantitative models have highlighted this as one the three most attractive equities at present on My Radar.
>>Alongside Riot Blockchain and Netflix<<
In my opinion, AMD is the most attractive from a combined Fundamentals and Technical Analysis Evaluation.
Having DCA over yesterday and today into AMD. I believe a significant short to mid term rally to the $130 range is possible.
> Supported by a bounce from the general market being oversold.
> Tax season selling finished.
> Rate hike news already over priced in the market. (Strong belief that most (not all) of the rate hikes are being used as a stick waved to slow the market and economy. Rather than a tool that will be used to brutally beat the economy into recession)
> AMD being significantly more oversold than the greater market.
> Long term pricing models, factoring earnings and industry growth would suggest a significantly higher price in the coming weeks/months.
>>Finally, don't lever up and keep some dry powder always<<
>>Keep the Long term in mind Chaps<<
This is my own opinions, analysis and a trade I am currently undertaking in my portfolios. This is not Financial advice purely my own Analysis and Research.
Will be sharing the TA modelled charts over the coming Days for those interested.
> Q1 2021 18% higher than expected
> Q2 2021 16% higher than expected
> Q3 2021 9% higher than expected
> Q4 2021 21% higher than expected
With the above earnings in mind. The last 4 Quarterly reports provided an average of 16% out performance for Actual over Estimated earnings.
I have become very Bullish on the Fundamentals of AMD. A company in which, I and other already consider to have stronger Financials that Nvidia. (Also bullish on NVIDIA - just more for AMD)
Even with the "Ukrainian Heroic Freedom War" effect on the companies earnings, I would expect a slight out performance to repeat.
>>I have all the earnings dates laid out with the Vertical lines<<
Technical Analysis
I believe that the Green Horizontal line, which has been substantial resistance, support, resistance and now Support. Will be the foundation for a reversal to the upside. The Tech Sector, more particularly AMD, is at one if not the most Oversold level(s) in the companies History. One must only look at the distance from the Moving Averages to see this. My Quantitative models have highlighted this as one the three most attractive equities at present on My Radar.
>>Alongside Riot Blockchain and Netflix<<
In my opinion, AMD is the most attractive from a combined Fundamentals and Technical Analysis Evaluation.
Having DCA over yesterday and today into AMD. I believe a significant short to mid term rally to the $130 range is possible.
> Supported by a bounce from the general market being oversold.
> Tax season selling finished.
> Rate hike news already over priced in the market. (Strong belief that most (not all) of the rate hikes are being used as a stick waved to slow the market and economy. Rather than a tool that will be used to brutally beat the economy into recession)
> AMD being significantly more oversold than the greater market.
> Long term pricing models, factoring earnings and industry growth would suggest a significantly higher price in the coming weeks/months.
>>Finally, don't lever up and keep some dry powder always<<
>>Keep the Long term in mind Chaps<<
This is my own opinions, analysis and a trade I am currently undertaking in my portfolios. This is not Financial advice purely my own Analysis and Research.
Will be sharing the TA modelled charts over the coming Days for those interested.
Comment:
Great to have made a right call. Serious momentum for AMD incoming.
Comment:
Hey everyone, this market is in capitulation mode. I know the markets are bleak at present. If you're in a similar mindset, you're likely struggling to keep the eyes off the charts today. Have a look at the last few corrections. They briefly broke under the 200 Daily SMA. Focusing on the NDX, looks like we have seen peak fear. This is what capitulation feel like. It makes you seriously question your strategies. Makes you consider what if you sold now and buy 10-20% lower. You might successfully do something, to make the best of your situation. You could time it right and make a great decision. I think it's equally likely, we would just miss a rapid bounce. Might be a bit biased but we can only look back at history in these situations. Goodluck Chaps