AMD has finally reached the top of the correction and is now really on its way down. As can be seen from the chart, we did an ABC up for a Wave 2 and almost hit our 1.618 fib at 24.44. Now we have a Wave 3 down and should see the drops that AMD is known for. Watch out for a possible drop as well in the pre market tomorrow Feb 20, 2019. If you are wanting to get in a short position on AMD now would be a good time. Although if it tanks during pre market wait for a correction back up before shorting.
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Disclaimer: This is my prediction and I am posting for education purposes only. My own money is on the line.
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UPDATE: Hit the top of the correction and is now on it's way back down
AMD will take some share in servers in data centers and also take some share in the gaming systems from Nvidia.
AMD will never become a household name like Intel, but it will rise 50 percent within the next three years.