$Advanced Micro Devices (AMD.US)$I see a lot of negative com...
$Advanced Micro Devices (AMD.US)$I see a lot of negative comments in the comment section. Did you enjoy the bashing? Let me ease your worries. The main reason why AMD didn't take off today is because of technical pressure. It dropped below the 200-day moving average, but it closed above the 250-day moving average, which clearly indicates a technical battle.
So what's next? The answer is simple, with good financial reports and prospects, it's definitely going bullish.
Will the stock price start to move? It's a matter of time. If it doesn't start today, does that mean it's garbage? Have some patience, with the good fundamentals and technical breakthroughs, it's just a matter of time.
Oh, by the way, I added to my position today.
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Fox River : Falling and no technical support.
Warren Buffed : A fall is just a fall. The reversal is that Nvidia was the only exception the day before yesterday. If you look at the weekly chart and monthly chart, the weekly chart and monthly chart actually went up too much. The money that wasn't arbitrage didn't belong to the institution. The institutions definitely smashed the price, and their holdings were large. Those scolding were all late entrants.