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Attractive Valuation

$Advanced Micro Devices (AMD.US)$ If one zoom out the chart all the way to 2020, the current share price is actually at a well established S/R level.

If one is targeting a first entry to AMD, I personally think this is a good level to go in for long term investors and the reasons are simple.

Cancel out the noises and ask yourself is getting AMD at $86 attractive to you? To me, simply yes.

Will it touch above $100 again? Easily. That presents a 16% upside easily.

Why? I don't see the desktops, laptops and gaming / mobile devices getting phased out in my lifetime.

Also the rise of EVs is now inevitable and that presents an enormous potential for players like AMD to further their growth.
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