Just my thought who bought AMD in 2019 with the price of about 25-30$, I mixed btw tech trade and value trade to support my idea so I'd like to bring you guys to another more significant picture discussion that when we reach 140 - 160 again.
By the current context, we are apparent in the downtrend with short to reduce 14-20% by historical action, nobody knows exactly how much but I consider around 96-88$ / share but I much more support for 96$ / share option. Why? Because the MACD potentially supports back to 48 indexes, they already run a 20% run rate. AI Day could be a resource to help us come back after down the price to 96-88 and after that, the good news about business revenue in Q3-Q4, the market recovered slowly but will help us back to 140 - 160 or even 170. Then I guess some funding will take out their profit and the price could return to 120 to save power and upgrade to over 200 in 2025/2026.
At that moment, some risks have to consider in the game of chip war btw Intel & TSMC, the government investment may interesting to review and regard for the new investment circle.
Feel free to share your thought and in waiting time AMD comeback dude :D
By the current context, we are apparent in the downtrend with short to reduce 14-20% by historical action, nobody knows exactly how much but I consider around 96-88$ / share but I much more support for 96$ / share option. Why? Because the MACD potentially supports back to 48 indexes, they already run a 20% run rate. AI Day could be a resource to help us come back after down the price to 96-88 and after that, the good news about business revenue in Q3-Q4, the market recovered slowly but will help us back to 140 - 160 or even 170. Then I guess some funding will take out their profit and the price could return to 120 to save power and upgrade to over 200 in 2025/2026.
At that moment, some risks have to consider in the game of chip war btw Intel & TSMC, the government investment may interesting to review and regard for the new investment circle.
Feel free to share your thought and in waiting time AMD comeback dude :D