AMD 2 Year Out Look

531
AMD has been performing well the past year but it is due for a little more correction after the last drop. I believe once we hit a big support around 24~26 dollar range it should be primed for one more big move up. If this move coincides with the crypto currency market coming back in, AMD should see a huge growth as well since it has been correlating pretty well with BTC and the crypto market as a whole since they supply a huge portion of mining graphic cards to the market. This may drive up AMD prices up to a whole new territory as crypto market goes into another frenzy and people rush to buy miners in order to cash in on the exuberance. Seems like a great play to stack buy orders in the given range and hold for about a year before selling and even look for a big shorting opportunity.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.