CPU failed a tight range just under ath, it's coming back to the PoC of the last range at $27, failing that, bottom of ascending wedge is $26, watching out for either place to hold for entry
Ascending wedge on weekly. Price in a tight consolidation band just below major level, final level. Either enter now or wait for BO and retest, likely intraday entry.
INTC is looking very good my friends. It is a good time to buy long and hold. Minimum position length I would say 2 months. Maximum length infinite. Do not be dumb. INTC is INTC we are living in computer world. NOW REMIND ME WHAT CPU STANDS FOR. CENTRAL PROCESSING UNIT. WITHOUT CPU THEN COMPUTER IS MORE LIKE PPU (POOPY POOP UNIT) ONLY 2 BIG CPU AMD AND INTC AMD IS...
The market turmoil in Feb has eroded a lot people's bank roll, so as to the market cap of tech companies in general, some are extremely good ones. AMD has evolved themselves from the shadow of intel and became a key players in the IDC and mobile market...its last finance report has shown a lot of traits that they are on the uptrend to become more dominant than...
I know that it may look a little saturated, but if you are serious about investing in AMD (which is a good idea IMO, but not at this moment), look closer and you'll find a lot of useful info. TL;DR: 1) Rally triggered by the launch of Zen2 processors got exhausted. 2) RSI divergence on both, weekly and daily charts. 3) Upcoming earnings (April 17, 2019) not...
I believe we will see a rally from AMD coming based off fundamentals.
Overpriced at the moment however.. No short zone, until Q1 2017 at least. As usual, buy the rumor and sell the news. Expecting AMD price to start correcting a little the moment ZEN CPUs are out in Q1 2017+, for short term shorting then long term buys.