What will happen with AMD stock?

Due to the long holiday in US, stocks retraced a little on Friday. Vix and vvix index are generally at a normal level. SPX pulled dropped a little, indicating this is just a normal pull back.

AMD has been dropping like flies post CES2023 as retail investors cashed in on the hype. Leaving the stock dropping from 130 to 119.6 as we speak.

So is it really over for this stock? Let's look at the charts. Daily chart Is still trending upwards so post market 119.6 is decent price.

In the short term, it tested the trend line 3x. Post market 119.6 means it is currently below the trend line.

will it bounce back up? My personal opinion would be a yes as there is no surprises from SPX or VIX or macro events in the near future.

Disclaimer: This is not a financial advice. Please do your own due diligence.

Modified in.2023-06-17

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

nimbly
2023-06-23
nimbly
As I predicted, gap closed at $109-$110. She will now test critical support at $100 as we go into earnings. My guess is she will go to $80 if the forecast is less than impressive.
cheerzy
2023-06-23
cheerzy
Gap closed, bottom in. Lisa said 50% increase in 2nd half. MI300 launches in Q4. Berragamo a winner. All happening in 2nd half, AS SHE HAS BEEN SAYING SINCE THE BEGINNING OF THE YEAR!! Are you listening!? By end of the year it will be between $130-135. Long and strong and not effected by daily/weekly gyrations.
frosti
2023-06-23
frosti
If "last fools in" were buying this overvalued stock when the P/E was 665 only a few days ago it must be a screaming buy now that the P/E is a modest 615. It is a steal especially considering the forward P/E for the S&P is around 19. When will people learn. I bet Lisa and the gang unloaded shares at 130 or so.
wigglyz
2023-06-23
wigglyz
Both were in the early days of their business and considered growth companies.so nosebleed P/E's are somewhat normal. You may not know if but AMD has been around for a while.
vippy
2023-06-23
vippy
If AMD rises you will loose lots of money dude. PUT goes up with fall of stock price!!
bubblyx
2023-06-23
bubblyx
buy point is under $100

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Vix &nbsp;and vvix index are generally&nbsp;at a normal level. SPX pulled dropped a little, indicating this is just a normal pull back.</p>\n<p><br></p>\n<p>AMD has been dropping like flies post CES2023&nbsp;as retail investors cashed in on the hype. Leaving the stock dropping from 130 to 119.6 as we speak.</p>\n<p>So is it really over for this stock? &nbsp; Let's look at the charts. Daily chart Is still trending upwards so post market 119.6 is decent price.</p>\n<p>In the short term, it tested the trend line 3x. Post market 119.6 means it is currently below the trend line.&nbsp;</p>\n<p>will it bounce back up? My personal opinion would be a yes as there is no surprises from&nbsp;SPX or VIX or macro events in the near future.&nbsp;</p>\n<p>&nbsp;Disclaimer: This is not a financial advice. Please do your own due diligence.</p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a6f8ce7b4e04b41225ce3f4509a325d4\" tg-width=\"1284\" tg-height=\"1395\"><span></span></p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/3cd0c5b6079755a02ed7f2e80f07ba56\" tg-width=\"1284\" tg-height=\"1281\"><span></span></p></body></html>","htmlText":"<html><head></head><body><p>Due to the long holiday in US, stocks retraced a little on Friday. Vix &nbsp;and vvix index are generally&nbsp;at a normal level. SPX pulled dropped a little, indicating this is just a normal pull back.</p>\n<p><br></p>\n<p>AMD has been dropping like flies post CES2023&nbsp;as retail investors cashed in on the hype. Leaving the stock dropping from 130 to 119.6 as we speak.</p>\n<p>So is it really over for this stock? &nbsp; Let's look at the charts. Daily chart Is still trending upwards so post market 119.6 is decent price.</p>\n<p>In the short term, it tested the trend line 3x. Post market 119.6 means it is currently below the trend line.&nbsp;</p>\n<p>will it bounce back up? My personal opinion would be a yes as there is no surprises from&nbsp;SPX or VIX or macro events in the near future.&nbsp;</p>\n<p>&nbsp;Disclaimer: This is not a financial advice. Please do your own due diligence.</p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a6f8ce7b4e04b41225ce3f4509a325d4\" tg-width=\"1284\" tg-height=\"1395\"><span></span></p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/3cd0c5b6079755a02ed7f2e80f07ba56\" tg-width=\"1284\" tg-height=\"1281\"><span></span></p></body></html>","text":"Due to the long holiday in US, stocks retraced a little on Friday. Vix and vvix index are generally at a normal level. SPX pulled dropped a little, indicating this is just a normal pull back. AMD has been dropping like flies post CES2023 as retail investors cashed in on the hype. Leaving the stock dropping from 130 to 119.6 as we speak. So is it really over for this stock? Let's look at the charts. Daily chart Is still trending upwards so post market 119.6 is decent price. In the short term, it tested the trend line 3x. Post market 119.6 means it is currently below the trend line. will it bounce back up? My personal opinion would be a yes as there is no surprises from SPX or VIX or macro events in the near future. Disclaimer: This is not a financial advice. Please do your own due diligence.","highlighted":2,"essential":2,"paper":2,"likeSize":19,"commentSize":17,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/188184682123488","repostId":0,"isVote":1,"tweetType":1,"viewCount":507,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["GFS","UVXY","AMD"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":651,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":106441345,"commentId":"106441345","gmtCreate":1687515205989,"gmtModify":1687515218755,"authorId":9000000000000342,"author":{"id":9000000000000342,"idStr":"9000000000000342","authorId":9000000000000342,"name":"nimbly","avatar":"https://static.tigerbbs.com/2a5f2c7d7652e6711ec37ca005bc8b25","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":188184682123488,"objectIdStr":"188184682123488","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<p>As I predicted, gap closed at $109-$110. She will now test critical support at $100 as we go into earnings. My guess is she will go to $80 if the forecast is less than impressive.</p>","text":"<p>As I predicted, gap closed at $109-$110. She will now test critical support at $100 as we go into earnings. My guess is she will go to $80 if the forecast is less than impressive.</p>","html":"<p>As I predicted, gap closed at $109-$110. She will now test critical support at $100 as we go into earnings. My guess is she will go to $80 if the forecast is less than impressive.</p>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0},{"id":106441355,"commentId":"106441355","gmtCreate":1687515340402,"gmtModify":1687515343670,"authorId":3479274729249414,"author":{"id":3479274729249414,"idStr":"3479274729249414","authorId":3479274729249414,"name":"cheerzy","avatar":"https://static.tigerbbs.com/ad7eae466324df873e0b817337d13f4e","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":188184682123488,"objectIdStr":"188184682123488","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<p>Gap closed, bottom in.  Lisa said 50% increase in 2nd half.  MI300 launches in Q4.  Berragamo a winner. All happening in 2nd half, AS SHE HAS BEEN SAYING SINCE THE BEGINNING OF THE YEAR!!  Are you listening!? By end of the year it will be between $130-135.  Long and strong and not effected by daily/weekly gyrations.</p>","text":"<p>Gap closed, bottom in.  Lisa said 50% increase in 2nd half.  MI300 launches in Q4.  Berragamo a winner. All happening in 2nd half, AS SHE HAS BEEN SAYING SINCE THE BEGINNING OF THE YEAR!!  Are you listening!? By end of the year it will be between $130-135.  Long and strong and not effected by daily/weekly gyrations.</p>","html":"<p>Gap closed, bottom in.  Lisa said 50% increase in 2nd half.  MI300 launches in Q4.  Berragamo a winner. All happening in 2nd half, AS SHE HAS BEEN SAYING SINCE THE BEGINNING OF THE YEAR!!  Are you listening!? By end of the year it will be between $130-135.  Long and strong and not effected by daily/weekly gyrations.</p>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0},{"id":106441354,"commentId":"106441354","gmtCreate":1687515324457,"gmtModify":1687515330673,"authorId":3479274802455671,"author":{"id":3479274802455671,"idStr":"3479274802455671","authorId":3479274802455671,"name":"frosti","avatar":"https://static.tigerbbs.com/8d59e7c960eef6f97257cc799768d81e","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":188184682123488,"objectIdStr":"188184682123488","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<p>If \"last fools in\" were buying this overvalued stock when the P/E was 665 only a few days ago it must be a screaming buy now that the P/E is a modest 615.  It is a steal especially considering the forward P/E for the S&amp;P is around 19.  When will people learn.  I bet Lisa and the gang unloaded shares at 130 or so.  </p><p></p>","text":"<p>If \"last fools in\" were buying this overvalued stock when the P/E was 665 only a few days ago it must be a screaming buy now that the P/E is a modest 615.  It is a steal especially considering the forward P/E for the S&amp;P is around 19.  When will people learn.  I bet Lisa and the gang unloaded shares at 130 or so.  </p><p></p>","html":"<p>If \"last fools in\" were buying this overvalued stock when the P/E was 665 only a few days ago it must be a screaming buy now that the P/E is a modest 615.  It is a steal especially considering the forward P/E for the S&amp;P is around 19.  When will people learn.  I bet Lisa and the gang unloaded shares at 130 or so.  </p><p></p>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":106441351,"commentId":"106441351","gmtCreate":1687515280888,"gmtModify":1687515287361,"authorId":3479274725915373,"author":{"id":3479274725915373,"idStr":"3479274725915373","authorId":3479274725915373,"name":"wigglyz","avatar":"https://static.tigerbbs.com/11f0390f4344fa15e794478b64ee460f","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":188184682123488,"objectIdStr":"188184682123488","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<p>Both were in the early days of their business and considered growth companies.so nosebleed P/E's are somewhat normal.  You may not know if but AMD has been around for a while.  </p><p></p>","text":"<p>Both were in the early days of their business and considered growth companies.so nosebleed P/E's are somewhat normal.  You may not know if but AMD has been around for a while.  </p><p></p>","html":"<p>Both were in the early days of their business and considered growth companies.so nosebleed P/E's are somewhat normal.  You may not know if but AMD has been around for a while.  </p><p></p>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":106441353,"commentId":"106441353","gmtCreate":1687515302002,"gmtModify":1687515308633,"authorId":9000000000000339,"author":{"id":9000000000000339,"idStr":"9000000000000339","authorId":9000000000000339,"name":"vippy","avatar":"https://static.tigerbbs.com/c0126a7d8aadf37410e3ec43acf556ad","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":188184682123488,"objectIdStr":"188184682123488","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<p>If AMD rises you will loose lots of money dude. PUT goes up with fall of stock price!!</p><p></p>","text":"<p>If AMD rises you will loose lots of money dude. PUT goes up with fall of stock price!!</p><p></p>","html":"<p>If AMD rises you will loose lots of money dude. PUT goes up with fall of stock price!!</p><p></p>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":106441350,"commentId":"106441350","gmtCreate":1687515239053,"gmtModify":1687515242540,"authorId":9000000000000343,"author":{"id":9000000000000343,"idStr":"9000000000000343","authorId":9000000000000343,"name":"bubblyx","avatar":"https://static.tigerbbs.com/c1c41413fd02f1b5e8685210b6b0bff0","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":188184682123488,"objectIdStr":"188184682123488","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<p>buy point is under $100 </p><p></p>","text":"<p>buy point is under $100 </p><p></p>","html":"<p>buy point is under $100 </p><p></p>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/188184682123488"}