My thoughts on AMD. Might see the next chip maker drop
https://www.tradingview.com/x/e7NN6Alx/
AMD is a well known chip maker but the earnings expectations are way to high in the tech sector at the moment and like Nvidia got hit by the market, AMD will also get its slap. We build a nice head and shoulder and the drop might get caught between around 10$-13$. There we will have a strong technical support and we will see what happens. Butttt AMD got really strong in the past year and they have brand new chips in stock so intel got passed.
Just my opinion so make your own research
And like always
May the markets be with you
AMD is a well known chip maker but the earnings expectations are way to high in the tech sector at the moment and like Nvidia got hit by the market, AMD will also get its slap. We build a nice head and shoulder and the drop might get caught between around 10$-13$. There we will have a strong technical support and we will see what happens. Butttt AMD got really strong in the past year and they have brand new chips in stock so intel got passed.
Just my opinion so make your own research
And like always
May the markets be with you
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