Advanced Micro Devices Inc
Panjang
Telah dikemas kini

AMD coiling to $148-160 range by post-earnings

867
- AMD is one of the beaten down names. It's not too cheap at the current valuation but it's growth for upcoming 2-3 years are promising which deserves a higher multiple.

- 25%+ growth rate when revenue is in billions is a big deal unlike PLTR which has high 20s % growth rate on a revenue of 250 mil a quarter.

- Technical supports strong rebound to 148-160 range to test 200 SMA. Good setup for Q1 2025.

- Downside risk is to 94-105 if it continues to meltdown.
Nota
AMD touched it's weekly 200 SMA today @ $117 and we saw bounce from that support while the NVDA & TSM bleeded more than 2% today on Jan 13, 2025
Dagangan aktif
Week before earning, Tutes will start to position themselves before the earnings. Expecting money flow into the stock to avoid missing out on gains if the earnings is impressive.
Nota
Earning week and this has been very silent. Made no significant moves pre-earning. It appears that people are waiting and watching.

Good report will lead to FOMO! So many people are on the sidelines
Nota
Still long on AMD

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.