AMD Stock Overvalued Look for Correction Until Ryzen Chip is Out
Bearish flag ready to correct, thinking the stocks a little overvalued right now.
You can see the RSI declining slowly, might be time for some nice consolidation.If consolidation occurs it would be a great buying point before their next product release.
With the new Ryzen chip coming out we may see a influx in price as it is a huge competitor to Intel's latest chips and is much cheaper. The chip releases sometime in August or late July I believe...
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You can see the RSI declining slowly, might be time for some nice consolidation.If consolidation occurs it would be a great buying point before their next product release.
With the new Ryzen chip coming out we may see a influx in price as it is a huge competitor to Intel's latest chips and is much cheaper. The chip releases sometime in August or late July I believe...
For live updates for all cryptocurrencies check out my app on the app store for coinmarketcap.com at: itunes.apple.com/us/app/cryptocap/id1257341716?ls=1&mt=8
Note
looks like it might break that bearish flag...however ryzen sales could push it higher
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.