AMD is a strong performer with continued profit growth potential; currently trading well below peak levels, offering an entry point relative to its history.
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AMD, you said at 639 it looks like it will go down. We got the sell signal here and the trend reversed at 612. The sell signal was at 640, and the all-time high was 645. I said 639 last week.
But just as we can see when things lose their momentum on the rise, we can see when they lose their momentum on the fall. And I think if you look here, it seems we are bouncing off well at the $600 level .
From $600 to $604. It seems she wants to return to the top.
In any case, this will be the stock I think we will bounce off of next for AMD. AMD is a beast, just like Nvidia. All these companies will continue to achieve incredible profit results. All of them. That's all you need to know.
If you don't own any Nvidia shares, well, you can buy AMD; it's still far from its all-time highs, just a fraction of its peak.
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