$Advanced Micro Devices(AMD)$ triggered an entry above the premarket high and stayed green throughout the trade. Strong momentum and EMA cloud support kept the setup working cleanly.
$Advanced Micro Devices(AMD)$ Hope Citadel has now sold all the shares it picked up at a discount from that AI fund, and that the recent silliness ends here.
$Advanced Micro Devices(AMD)$ Some perspective helps sometimes. Looking at the quarterly chart, each bar represents one quarter. Near term action may stay choppy, but the longer term trend still points higher. Earnings keep climbing too. Long-term bullish.
$Advanced Micro Devices(AMD)$ At some point in the not too distant future, data centers should be able to source a full rack from a single place, and CPU/GPU demand will likely be off the charts. I keep adding when I can. The future looks bright and full racks are ahead.
$Advanced Micro Devices(AMD)$ Upgrades keep coming in. This has been an extended consolidation phase. The next move higher could be explosive. Anyone still sitting on the sidelines risks missing it.
$Advanced Micro Devices(AMD)$ Worth keeping in mind that for AMD to meet their part of the OpenAI deal and for all of OpenAI's shares to vest, AMD has to get above 600. Until then it's an investment, not a trade.
$Advanced Micro Devices(AMD)$ This stock will eventually get to $1000+, but it will go through the ringer first. Right now it looks like it's setting up a trap.