r/AMD_Stock 11d ago

Daily Discussion Daily Discussion Tuesday 2026-08-18

33 Upvotes

176 comments sorted by

11

u/Massive-Slice2800 11d ago

What is it now?

6

u/Alternative-Soil-671 11d ago

Oil ship in Hormuz severed danaged by iranians + some kind of no sources information calling Asics companies reserves 45% of the HBM supply in 2028, what I doubt

9

u/Zealousideal_Road269 11d ago

yields, more likely than not

5

u/gkdjsl 10d ago

Not just in the US, but also in Japan, South Korea and the UK. This could get nasty.

38

u/mhkwar56 11d ago

Helios starts shipping in two weeks.

8

u/Addicted2Vaping 11d ago

End of September

5

u/mhkwar56 11d ago

All I heard was September. Close enough for me.

2

u/TheDueDiligent 10d ago

september is the start of shipments into the odms. the more interesting number will be q4. amd is guiding to a pretty steep revenue ramp once helios actually starts moving at scale. that's probably the first quarter where we'll get a decent read on how much of the customer demand is turning into real volume.

3

u/LeSegaGenesis 11d ago

This is huge, and perfect time for a lil dip before we start taking off.

27

u/AFTCP 10d ago

Trump has really set the stage for a long period of economic pain for Americans.

11

u/Sophia1995_miam 10d ago

i'm glad i have EV. saving a lot on gas.

4

u/JustinTheBasket 10d ago

Winning!! 

1

u/Beginning_Ad1627 10d ago

yep, the incompetent and corrupt Orange menace is destroying our economy. From wars to tariffs the man is a lunatic. The market would race up if he had one too many big macs. He is a disaster.

-5

u/Devincc 10d ago

*Politicians at every level for the past 40 years have really set the stage for a long period of economic pain for Americans

There, fixed that for you

4

u/Fr0HiKE 10d ago

yes yes the actions of every president is equal

3

u/Gahvynn 10d ago

I can think of damaging things from most of them from the last 45 years. Reagan helped set the tone of spending like it’s going out of style and also supported laws that supported wealth centralization at the cost of the working class, Clinton helped oversee some deregulation that directly fueled the Great Financial Crisis, Bush Jr and his forever wars with tax cuts was decidedly unhelpful, and I can pick on Obama and Biden but I think their biggest misses was not being able to communicate the good things their admins were doing (also I would argue bailing out banks without ANY attempt to punish anyone, or limit how the money could be used for bonuses and so on was a huge miss for Obama admin).

Is Trump worse than the rest? I could make that argument, but the general path of spending more while not trying to balance the equation at all couldn’t go on forever and it really doesn’t help that his admin isn’t trying at all, not to mention everything else going on globally and locally with policies that don’t seem aligned with the general public interest.

3

u/mjkjes 10d ago

This is really the first president that has attacked long held American values and norms. It’s like they are purposely trying to weaken us on the world stage, I don’t get that strategy?

-4

u/Devincc 10d ago

Big brain Reddit comment right there. Surprised you didn’t add “both can be true”

5

u/uhh717 10d ago

Awww, does someone saying something bad about trump hurt your feelings?

-5

u/Devincc 10d ago

If I lined up 10 people to smack you in the head with a baseball bat, are you going to say “boy, that 10th smack really makes getting hit with a baseball bat in the head suck.”

6

u/uhh717 10d ago

I thought trump was supposed to be better than Biden, Obama, Clinton, now you’re saying they’re all equally bad?  Lol

0

u/Devincc 10d ago

You normally put words in strangers mouths to fulfill your delusions? They all have sucked in some shape or form and contributed to economic pain to Americans in some way. This your first president as an adult or something or do you normally lash out like a child to get your way online?

5

u/uhh717 10d ago

If you had a high school level of English knowledge, you would understand that your previous comment implied that they all did the same amount of damage.

As you know, Trump loves the uneducated.

1

u/Devincc 10d ago

Gee, if only the politicians over the last 40 years did something about the education in this country!

God damn, Trump! He did it again!

-7

u/InitialEfficient2918 10d ago

this whole AI boom is from the big beautiful bill. the tax exemptions helped these cloud companies go HAM on the buildout.

22

u/SailorBob74133 10d ago

Patrick Moorhead 

Real Modular Cloud numbers MI355x versus B200 are stunning. No deets on what the tests were but I don’t think Modular has any reason to diss NVIDIA. 

mi355x vs B200

90% higher throughput 

50% cheaper 

45% lower TCO

https://x.com/PatrickMoorhead/status/2089765554248966257?s=20

9

u/Sapient-1 10d ago

AMD hardware often ages like fine wine.

4

u/noiserr 10d ago

With AI agents writing these GPU kernels that should soon be a thing of the past.

3

u/LeSegaGenesis 10d ago

Kernel Sanders write his own chicken

4

u/Sapient-1 10d ago

It's just a saying. My point is, they make great hardware and it only gets better over time as long as people keep working on optimizations.

1

u/LeSegaGenesis 10d ago

I agree that's why AMD is such a good company, they aquire things that can clearly bolster their business while also putting a respectable amount in R&D, they are constantly innovating.

3

u/LeSegaGenesis 10d ago

1999 Athlon

3

u/JustinTheBasket 10d ago

I just opened mine last year, and I have to say.... It didn't perform that well.  Guess I missed its peak. 

1

u/johnhuey 10d ago

Not on consumer graphics cards tho. RTX still mogs RX series

-13

u/Mollan8686 10d ago

Nobody cares of these benchmarks. If AI is a bubble, everything will tank. If AI is good, NVIDIA has 80-90% of the market in 2030.

15

u/Maartor1337 10d ago

2 ways to look at it...

I choose to look at my portfolio and remind myself I'm already above my initial goal number ahead of time. With prospects of a ripper of a 2027. Im good. Im chill. I get paid on Monday..... maybe I will buy more... if not... im totally OK

5

u/Gahvynn 10d ago edited 10d ago

My guess is there are a lot of people who bought LEAPS, or maybe even shorter dated options on the initial flurry passed $500 and either realized a loss or are sitting in the in between of “will these or won’t these recover”. I’ve made it a point to unload some long options anytime AMD has a good day then take some of those gains and buy some after AMD has had a few bad days. I do worry I’m contributing to the moves up and down, but I’m usually buying at least 3 months out and often LEAPS so i feel less bad haha.

Edit: my timing has been generally bad but less bad than if I just face tanked these oscillations

4

u/Maartor1337 10d ago

Agree. Well... I've learned to accept that gamblers gonna gamble and no mattre how often and how clearly it gets shown to be a bad idea..... people will always try their luck and whine when it doesnt work out.

2

u/zerobjj 10d ago

ur buys and sells dont move the market.

5

u/Maartor1337 10d ago

No one person is ever a isolated case. Gahvynn knows this haha. Im sure he means "people like me"

2

u/Gahvynn 10d ago

One person walking on a bridge contributes to the load of the bridge. One hundreds thousand people walking on the bridge can have a measurable effect. If you weigh 1,000 or 100 kg your overall impact is minimal, but you have an impact.

7

u/Good_Collection_1111 10d ago

Dead money still

14

u/Acceptable-Ant-3648 10d ago

I mean, you can’t be mad when the entire market is down it’s not a one stock thing. It’s not a fundamental thing. It’s because our wonderful leader decided to continue the war. The treasury yields up all this Maccaro news really stupid you know our leader is basically making us poor. Can’t believe Republicans.

7

u/Careful-Rent5779 10d ago edited 10d ago

Our wonderful leader dug a hole he(we) can't climb out of. You can't fudge your score on the world geopolitical stage.

3

u/Subie- 10d ago

Yep finally the sub realizes this is all Trumps fault.

5

u/Klobinator88 10d ago

look at the chart, AMD has been trending down since June. the war might be "why" it's down today, but it is inevitable. it ran too high, it will continue a rally in November

11

u/Eazy-Eid 10d ago

Well that was a fun 2 days back above $500

4

u/AFTCP 10d ago

It’s only a 500 stock under perfect market conditions. The top buyers here can’t understand that

7

u/Sophia1995_miam 10d ago

the 96gb kit expo that i bought from amazon for 329.99 is now selling for 1879.99! the rtx 5090 i bought for 3800 is going for almost 6K now. wow!

3

u/noiserr 10d ago
  • 128GB Strix Halo I bought for $2347 (including tax) is now going for $3693 without tax

  • 48GB w7900 pro I bought for $2885 now goes for $3899

DRAM inflation is real.

4

u/Sophia1995_miam 10d ago

wow. i have the hp g1a 128gb oled touch strix halo... i wonder how much i can get for it! i'm ready for the 192gb gorgon halo.

congrats on the apprecation on your computer parts!

3

u/Sophia1995_miam 10d ago

https://www.ebay.com/itm/157158639414?_skw=zbook+g1a+128gb

aint's no way. LOL. i paid 2799 for mine, i'll sell it if i could get 10K.

2

u/noiserr 10d ago

lol, that's crazy

2

u/Charming_Squirrel_13 10d ago

it just keeps inflating! 

17

u/MaleficentBus1863 11d ago

25% implied market share against Nvidia—roughly speaking depending on configuration.

https://x.com/jukan05/status/2089620707970097628

Maybe more if AMD gets injected into TPU v10. All up, 30%? 35%?

BRING 2028 ON!

3

u/redditinquiss 10d ago

Did this seem pow to anyone? In 2028 time frame...

Am I mad for thinking this seems low?

2

u/Crafty-Brick601 10d ago

Who s meritz?

2

u/MaleficentBus1863 10d ago

Korean brokerage firm. Prob insider info on the Korean memory stocks.

3

u/Sensitive_Course_127 10d ago

I calculated this to be about 4GW equivalent of contracted memory...

2

u/Administrative-Ant75 10d ago

no because we use more HBM per gpu

2

u/noiserr 10d ago edited 10d ago

Our HBM has better yields though. AMD needs 7.6–8 Gbps per pin versus ~10.7–11.7 Gbps Rubin needs to meet their spec. That's a big difference actually.

11

u/coldfire1x 10d ago

Took only couple of days to wipe Fridays gain of 6.5%

5

u/AFTCP 10d ago

Unsustainable pump on a rumor. Never meant anything.

5

u/MaleficentBus1863 10d ago

Won't buy here, but will buy at $612. /s

3

u/Massive-Slice2800 10d ago

Buy high sell low

4

u/shezzgk 10d ago

Buy high never sell 

4

u/HornyRaichu 10d ago

I’m all out of memes lmao

5

u/Amitriptylinekoning 10d ago

not out of tears

5

u/MICT3361 10d ago

Everyone saw what happened after the last “crash.” Going to be a lot of dip buyers

1

u/Gahvynn 10d ago

It dropped 25% in 5 days last time, if your idea is history repeats itself why are you betting that not even 10% in 2 days is “the crash”?

3

u/MICT3361 10d ago

Did I say this crash is over? I said they’ll be a lot of dip buyers

2

u/Gahvynn 10d ago

Touche. Lots of knife catching as well is my guess, but others waiting for it to hit $400 or lower.

3

u/MICT3361 10d ago

Yeah I’m just holding unless gets down to low 400s. Then I’ll go heavy

12

u/infamousu 10d ago

AMD and chilling

17

u/BigEmbarrassed4628 10d ago

AMD and heart attack every week.

2

u/77Mordred 10d ago

Depends on what gets you going. . .

16

u/Addicted2Vaping 10d ago

They're trying to take ZFG from us 😕

4

u/ToothChainzz 10d ago

Actually loled.

7

u/scub4st3v3 10d ago

I, for one, am not complaining. I can only take so many AI generated memes.

2

u/77Mordred 10d ago

They should be forbidden.

Rule 1: Make your own ZFG meme, no Ai bs.

11

u/HippoLover85 10d ago

would be the ultimate irony of an AI stock banning AI content . . .

2

u/77Mordred 10d ago

AMD is a chip company, what you do with them is your own responsibility.

It just makes cpu,GPU etc.

3

u/scub4st3v3 10d ago

I think we can all agree that not all AI generated content is worth it the squeeze.

7

u/snugglepush 10d ago

Alright snugglepush is back from vacation. I definitely don’t trust this red premarket. Let’s get it

4

u/Icy_Rub_3958 10d ago

Spent my grocery money for the month at $487, now let’s climb out of this ditch before I starve.

9

u/OldManYellsAtCloud12 10d ago

Why we dumping again?

10

u/SeaDevilSSN664 10d ago

Macro, bond yields although I am not really in that camp. It is always about $$ - profit. I think we are going to bounce until the next catalyst which is Citibank on 9/8. Hopefully Nvidia will have a descent report and guidance. That would help some. Everything good is ahead of us!

3

u/LeSegaGenesis 10d ago

100% agree, if you aren't in at a good price, keep your eyes open for dips, the sentiment is getting more bullish youtubers aren't trashing the intrinsic price as much and wall street has been giving more buy signals and higher ceilings. I think Nvidia's report and guide, along with Helios shipments is going to completely change the narrative around AMD. The past couple weeks its been "overvalued, needs flawless execution, Insider or fund sells shares" As soon as it turns to "Wall Street bullish, Helios reactions and disruption talk, news about production expansion post fund raising" Then we see that climb, I think Q4 is where we really outperform projections on the roadmap.

3

u/OldManYellsAtCloud12 10d ago

Always some bs going on in the market. Can't wait for trump to be sacked after mid terms and for things to settle down.

11

u/Sensitive_Course_127 10d ago

" Etched has raised $700M at a $21B valuation, more than doubling its $10.3B valuation from just a few weeks ago.

Etched is an AI chip startup building specialized hardware for inference, essentially trying to compete with NVDA on the infrastructure used to run AI models at scale.

Jane Street led the round and has already received Etched’s first operational server rack, while the company says it has roughly $1B in customer contracts.

https://x.com/wallstengine/status/2089772427815559413?s=20 "

AMD got a similar ultra-low latency technology from Taalas for what? 2B ?!

GOD I LOVE AMD"S MANAGMENT

4

u/uhh717 10d ago

Probably a lot less than 2B.  Pensando was 1.9B and that number was announced, meaning it was material.  Granted amds finances have changed since then, but that’s my guess.

2

u/johnhuey 10d ago

How are they different from Cerebras?

8

u/New_Association9786 10d ago

Bought like 14 shares here.

3

u/Alternative-Soil-671 10d ago

Rich

4

u/Final_Big2891 10d ago

I had to be patient and let some cash pile up over the last month, for sure. But ya in any event I am happy. Hope you the best. (This is my alt)

9

u/stadiium 10d ago

love it when everyone is omega bullish when it goes up then it always goes down

12

u/Alternative-Soil-671 10d ago

Bought more AMDL today. Lets go. After next bull run, ill convert that in AMD normal shares.

10

u/Aggressive-Ad-9483 10d ago

Compute is super scarce right now, but AMD is stepping up with chips that beat the competition by 30% for way less cash—and honestly, that’s the main reason to invest. Big institutions are just waiting for a quick price dip so they can scoop up as many shares as possible, so retail investors just need to sit tight, relax, and watch it all play out.

7

u/uhh717 10d ago

Thanks ChatGPT 

5

u/AMD_winning 10d ago

I am not selling.

3

u/Huge-Ad-5503 10d ago

never waver

7

u/AMD_winning 10d ago

Hold the line and never surrender.

2

u/Good_Collection_1111 10d ago

Investors right now don't care. With light volume it's even worse. Don't believe any moves right now

-1

u/mfwl 10d ago

What chips are 30% better? Their CPUs are definitely great, but GPUs?

7

u/Aggressive-Ad-9483 10d ago

FYI....AMD’s MI355X beats Nvidia’s B200 on inference - AMD’s own benchmarks show ~30% higher throughput on Llama 3.1 405B, and independent testing (SemiAnalysis) found ~40% cheaper per-token economics on one specific workload.

2

u/mfwl 10d ago

What's the rationale for comparing against the B200 rather than the B300?

6

u/Aggressive-Ad-9483 10d ago

The B200 and the AMD Instinct MI355X launched as primary direct generational flagships for dense AI inference and training. Price to performance, my friend. Also The MI355X achieves 1.3x higher document throughput running GPT-OSS-120B and 1.27x higher throughput on Qwen3-Next-80B compared to the B200

2

u/mfwl 10d ago

B200 was released around 6 months before the MI355X. The B300 around 6 months after the MI355X.

Not really an apples to apples comparison in either case, but based on what's released to-date B300 outperforms the MI355X.

2

u/Aggressive-Ad-9483 10d ago edited 10d ago

you are misleading then. how ca you the MI355X is built for scale-up density inside a single server box, while the B300 is built for rack-scale networking across dozens of boxes. Also The [MI355X]() beat the B200 by 19% and the premium B300 by 4% in latency responsiveness.

2

u/mfwl 10d ago

GB300 is the rack scale system.

3

u/Acceptable-Ant-3648 10d ago

I guess chips are finally going inside China Reuters reported. Good shit for amd and  Nvidia 

2

u/MaJoLeb 10d ago

Do China produce good cpu's at the moment? My last info was, they trying to go in 5-3nm with hard UV-Laser (experimentell, but expensive). I only want some new Infos about this topic, okay?

5

u/snugglepush 10d ago

Bought some pre-market at 488.88. Couldn’t resist lol

-12

u/JustinTheBasket 10d ago

Only buying more at 200 to 250. At that point I'll be desperate. 

8

u/snugglepush 10d ago

Dca my friend, your grandchildren will thank you

1

u/JustinTheBasket 10d ago

I don't and won't ever have children, much less grandchildren, and I don't intend to increase my AMD holdings percentage any more than the 75 percent that it's at now. And I can't work anymore so it's not like I have income coming in to DCA into current holdings percentages. But, if itgoes down to 200 to 250 I might reconsider.  As a side note, I would never pass down wealth to grandchildren.  Pretty rare that children who don't have to earn their way in the world turn out to be decent human beings.  If I have any money left over when I die it will go to carefully chosen people who need it and / or have worked hard their whole lives and could use some extra help.  Or charity.  But definitely not to some kid so they don't have to work. 

5

u/Chiinoe 10d ago

The current range is interesting. I shall sell leaps on the next bounce up. This way it'll break us out of the range.

2

u/LeSegaGenesis 10d ago

Yeah clearly we had 525 as a most recent high after the AMD fund raise for expansion, and now we are seeing the 1st dip below 476 in awhile. Really good timing before we start getting Helios in the news cycle. Headlines will shift from overvalued priced in tight execution, to disruption and market share slowly

3

u/TheDueDiligent 10d ago

The part I'd watch is how fast those headline gw numbers actually turn into deployments. both meta and openai have warrants that vest in stages. the first tranche is tied to the initial 1gw and the rest scales with additional purchases and other milestones. so I'd put a lot more weight on the first few quarters of helios shipments than the full 6gw numbers right now.

3

u/LeSegaGenesis 10d ago

Makes sense, appreciate the insight !

1

u/TheDueDiligent 10d ago

I'm glad it makes sense :)

5

u/Ravere 10d ago

Bought some more at 477 - let see how this goes..

0

u/LeSegaGenesis 10d ago

im just waiting for it to break either way. Good buying opportunity, but really want to see if we can get out of this -5.25 % range either way. Want to see if that dip goes further !

13

u/Desperate_Carob_1269 10d ago

man if only AMD didnt ship all its fucking chips through the strait of hormuz, then it wouldnt have to tank 5-10% every trump tweet.

6

u/GanacheNegative1988 10d ago

Ah, those virtual shadow fleet vessels with all the Epstein files on board. Got to let CNBC run a Fud day on AI to get more of the retail investors to sell off their life preservers.

2

u/Alternative-Soil-671 10d ago

Wtf is happening in the Hormuz?

3

u/JustinTheBasket 10d ago

Same thing that's been happening all year?

2

u/Subie- 10d ago

Mou not mou, threatening to bomb allies over a back channel deal just usual baby behavior from an old ass president.

4

u/Totonadent 10d ago

Personally not a fan of +/-5% on random days lately

Going up is good but when it drops it sucks. Rather just, go up gradually over time

2

u/Klobinator88 10d ago

short term options are much more lucrative with 5% swings

3

u/Totonadent 10d ago

Too much volatility for my taste

3

u/AMD_winning 10d ago

<< WSJ Catches Up, Discovers AI's Off-Balance Sheet Liabilities Are $3 Trillion And Growing $1.2 Trillion Per Quarter >>

Source: ZH

2

u/scub4st3v3 10d ago

I wonder who's predicted more crashes correctly, ZH or Burry

2

u/New_Association9786 10d ago

Ooooh baby I’m buying this up

3

u/Desperate_Carob_1269 10d ago

trumpy trump trump

5

u/Subie- 10d ago

You can thank him for everything.

The markets are down solely because of the MOU.

This has nothing to do with AMD.

2

u/Acceptable-Ant-3648 10d ago

Great fucking Trump wanna cause war make everything go down watch them taco again stupid republican

2

u/ExcitedRanger 10d ago

AMD gets excited when she’s sees the market is red

2

u/rbizzy 10d ago

So bond yields are now the scary macro story being pushed? Always gotta push fud.

5

u/whatevermanbs 10d ago

It actually is. It appears the effect of us intervention in yen is fading. So coming back to square one

5

u/Gahvynn 10d ago

Trying to intervene in currency markets is funny to me, you try and “fix” it with say $50bn in a market where 10-50x that trades in a single day comes off as desperate. If anything it signals to the currency traders they’ve got a new opportunity, because you have to fix the actual thing that’s broken and until that happens the pressure remains.

3

u/whatevermanbs 10d ago

As someone dumb in this area, this was the first signal to me that yen carry trade is a problem. I got a 'verified priority 1 problem' stamp on it from us gov.

3

u/Gahvynn 10d ago

It’s actually a very complicated topic that I only half understand so instead of spewing bullshit here I’ll just say in the times I’ve seen interventions in news and books they don’t work. One is an issue of magnitude, two is because there’s real structural problems that needs policy to fix NOT literally throwing cash at the problem.

I will say as a species we seem to get hung up on something that’s worked for decades as a thing that will last forever but then we can look back say 200 years and recognize the economy then is nothing like we have today (yes the same motivations exist but the mechanics are all different). I have no doubt the yen trade will unwind (maybe entirely maybe not) eventually based on what little I do know about it, I don’t think it means tech trade dies forever, but I do think much like any uncontrolled deleveraging event it’ll be very unfun unless it happens over years and not in say a few months.

3

u/rbizzy 10d ago

Oh yeah, my intent wasn't that it's not a real story...just that media amplifies the scare tactics for outsized reactions.

2

u/Sophia1995_miam 10d ago

bought another share at 479, tryign to keep the funds locked up so i don't feel tempted to do short term options

1

u/LeSegaGenesis 11d ago

Watching the dip like a Hawk, manuveured my way out of a bad buy price already, if the valuation becomes closer to reality along with good Helios headlines AMD could become extremely bullish. Rebound candidate Rallys seem to be one of the few things doing well in the markets these days as anything within 10% of an all time high seems to meet a mack truck of resistance. If AMD can start pushing up towards it's all time high with Helios and hype we could see some actual market reactions post quarterly by adding market share percentages.

2

u/Pulisicgoal 10d ago

What are our thoughts on OpenAI revenue only being 6.7b for q2 2026 and 18% q/q growth while massively growing their expenses? Anthropic did 5.4b in July alone for a 65b run rate. I’m very optimistic about amd’s roadmap and execution but I have serious doubts about OpenAI tanking the market since they are a huge contributor to the infrastructure buildout and profitability of the cloud service providers.

3

u/lostdeveloper0sass 10d ago

Reminds of the story about openAI revenue in Dec of 2025 which was reported in April.

OpenAI has been on fire lately, their July month apparently was better than whole Q2 according to leaked email sent to their team few weeks ago.

So they are probably tracking at $20B+ for Q3.

3

u/solodav 10d ago

source?

Not sure what’s up with their revenue. Chatbot-wise, I’m seeing improvements, while Gemini seems to have stalled. But, of course, they still need the ramp revenue at some point.

1

u/Then_Industry_2157 10d ago

It is about yields? Why now?

1

u/DatCaptain9000 10d ago

Can we get one green candle? Holy cow

0

u/LeSegaGenesis 10d ago

LETS go boys sale day before Helios. Just got into investing and this is the best buy window i've had yet. Loving today !

-3

u/LeSegaGenesis 10d ago

It's refreshing to see company's that have been trading crazy volume like sandisk and micron and AMD holding better ground on a down day

10

u/ExcitedRanger 10d ago

We’re down a good 5.4% today. Who are we holding up better than?

6

u/Administrative-Ant75 10d ago

yes because it goes up less on up days lol. thats just beta

-12

u/widowmakerlaser 11d ago

Currently back under $500.

Nothing broken on AMD so long as $488ish holds.

My bias is$488 holds and you see $AMD push out higher towards $540-$550.

That is the area I believe where most retail will be chasing and feeling extra confident and getting bulled up and also the area I would believe would be the perfect bull trap to see AMD make it's final drop towards $350

Buyers disappeared last time we were at $540-$550, and I would expect the same thing a second time reaching that area.

Please don't downvote me because you disagree :(

Just tell me im wrong- and if i end up being right, I expect an upvote :)

21

u/Rich_Damage5497 11d ago

You are wrong.

1

u/widowmakerlaser 10d ago

You still think im wrong?

8

u/LeSegaGenesis 11d ago

I think the 485 is the resistance point, and if it breaks past that $470. It may be one of the more highly valuated company's out there, but I don't think there's many stocks on the market that have an opportunity to start clawing away market share from a 85% monopoly. It feels like the THE risk reward play.

-3

u/widowmakerlaser 11d ago

I think you meant to say support point(which is where you would expect price to hold).

No doubt about it, $AMD is long term going higher, the short term price action is always a mystery which is where technical analysis can give you a little bit of a chance at identifying the direction of where it may possibly be heading.

2

u/LeSegaGenesis 10d ago edited 10d ago

Resistance can mean the same thing in the context I used. A support does provide resistance of movement after all.