AMD / Advanced Micro Devices Inc - is testing support and at the lowest of this trading channel. A bit worrisome as it is trading below 50 MA and 200 MA. A buy now could be risky. Those looking to buy could make a few bucks if a strong bounce occurs.
In the long run AMD has lots of potential with their chips price to performance. Smart consumers are looking for ways to cut down on cost and AMD has been able to produce premium products at lower cost than competitors like Nvidia
Thoughts?
DISCLAIMER: Not financial advise. Ideas are for paper trades.
In the long run AMD has lots of potential with their chips price to performance. Smart consumers are looking for ways to cut down on cost and AMD has been able to produce premium products at lower cost than competitors like Nvidia
Thoughts?
DISCLAIMER: Not financial advise. Ideas are for paper trades.
Comment:
Bounced right up to the 200 MA. If you decided to buy, manage your stop loss