mster
07-01
$Advanced Micro Devices(AMD)$  

AMD was so flat towards end of last year and begining of this. It started to break after the 2nd quarter and have never look back since.  The upward trajectory looks parabolic and over extended.  Is this high speed train coming to a stop or at least slow down any time soon? 

Modified in.07-02
AMD Jumps 6.6% Toward Trillion-Dollar Club on Goldman Upgrade — Still a Buy?
AMD surged 6.61% to $552, leading the semiconductor rebound after Goldman Sachs raised price targets on both AMD and Teradyne (TER), reinforcing persistent sell-side conviction. Market debate intensified around whether AMD can join the trillion-dollar club before end of 2026, with the Dow's 53,000 breakthrough and Nasdaq rebound amplifying tech momentum. AMD's narrative of outperforming Nvidia year-to-date remains intact. With Goldman's backing meeting trillion-dollar upside, is this 6.6% high-volume rally the start of a new leg higher, or a short-term sentiment overshoot?
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

  • breezyk
    07-01
    breezyk
    I pulled up AMD weekly too — daily RSI is cooked, but weekly still looks fine. I’m not adding here. Need a real pullback first?
    • mster
      Yeah. Perhaps it’s coming earning will put house in order.
  • SK investor
    07-02
    SK investor
    Is this for real?
  • CHINNY168
    07-02
    CHINNY168

    Great article, would you like to share it?

Leave a comment
5
398