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 Surges 13% — Is a $600 Price Target Now Being Seriously Modeled?
AMD jumped 13.00% on Thursday, leading large-cap peers in the AI sector's V-shaped rebound as sell-side analysts issued strong conviction calls and began laying out credible paths to a $600 price target. The bear case remains equally clear: that valuation requires simultaneous delivery on data center market share and margin expansion. The prior day's Core Scientific deal and Synopsys design partnership continue to resonate. With the stock running ahead of fundamentals, how much time does AMD have to deliver?
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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?

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