I think a rotation is in order here. INTC hasn't underperformed this two, and specially AMD like this in a long time. All timeframes look like this might be a bottom in the ratio, so, I'd reccomend swapping your $AMD for $INTC if you have any, and/or take the pair trade. As you know, I'm 10% long $INTC, and also shorting $NVDA, but I have no $AMD position. The $NVDA one will suffice, but I wanted to point this out to investors who might be holding $AMD, sell it while it's hot.
Good luck,
Ivan Labrie.
Good luck,
Ivan Labrie.
Comment:
Looks like it's about to turn up.
Comment:
Doing well here. I'd reccomend covering $AMD shorts if you didn't yet.
Trade closed manually