AMD is severely overbought.
It was downgraded in price this morning saying that fundamentals are overvalued.
Red boxes are down gaps to fill.
Ready for shorts or Puts. - BEAR FOOD
Looks for plenty of time to enter safe and exit safe here.
Competitor NVDA is looking stable, so probable that funds seeking chip coverage (not ETF) will go to NVDA not stay in AMD before Xmas.
I am not active in AMD currently. May be this morning, but if someone needs an updated chart PM me.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY.
Short SPY and AAPL.
It was downgraded in price this morning saying that fundamentals are overvalued.
Red boxes are down gaps to fill.
Ready for shorts or Puts. - BEAR FOOD
Looks for plenty of time to enter safe and exit safe here.
Competitor NVDA is looking stable, so probable that funds seeking chip coverage (not ETF) will go to NVDA not stay in AMD before Xmas.
I am not active in AMD currently. May be this morning, but if someone needs an updated chart PM me.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY.
Short SPY and AAPL.