NASDAQ:AMD   Advanced Micro Devices Inc
SHORT UNTIL PRICE REACHES SZ 0. THERE IS A DOWNTREND CHANNEL FORMING ON THE WEEKLY CHART. ONCE PRICE REACHES SZ 0, ZONE MAY BECOME SUPPORT.

WE WILL SEE!

Comments

No way. Everyone is working from home and companies that never thought about a work from home solution or a business continuity plan are buying them. What's good for the cloud is good for AMD chips. no way it will reach SZ 0. We will see.
Reply
Andresa30 VirtualTycoon
@VirtualTycoon, It is a valid point of view. You are betting that fundamentals in the company may get better, especifically its profits. We do not know exactly what will be the real damage from this whole pandemic to the company and to the rest of industries. In this opportunity I just analyzed the chart because I believe it shows me information of what is going on right now. Thanks for your comments though!!!
+2 Reply
VirtualTycoon Andresa30
@Andresa30, You're welcome, all is good :) Thanks for the chart.
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