English
Back
Download
Log in to access Online Inquiry
Back to the Top

$Advanced Micro Devices (AMD.US)$ interesting gap up candle....

$Advanced Micro Devices (AMD.US)$
interesting gap up candle. its been 1 month since earnings. in this 1 month, 6 green candles : 15 red candles. out of this entire month i would say more than 90% of the time if theres any pre market pump its easily a bulltrap.

2days ago AMD had a nice breakout setup which totally made me disappointed. but i guess its important to move on. im not sure when AMD is finally done with this correction.. but i believe it might take 1 more month and why. (broadcom earnings on 12/12). so far based on my observation...

MICRON tanked immediately
AMD tanked immediately
ARMS pumped and tanked after
NVDA pumped and tanked after
TSM pumped and tank gradually

will broadcom be any different? definitely a rough season for semicons. if semicons are not moving by end of december.. i will be really worried.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
8
1
1
+0
4
Translate
Report
27K Views
Comment
Sign in to post a comment
  • HUANG AI : trade wars on the horizon, no thanks MAGA

  • 韭菜变主力 : No, people are just waiting for the right valuation, like 5-10% cheaper. They are rotating like crazy. Presently they all crowded in software like IGV.

  • 韭菜变主力 : Honstly, I think Semi stocks are still expensive. Semi equipement names like $Lam Research (LRCX.US)$  is cheap enough with extremely attractive FCF, but it has substantial revenue (>30%) from China, which might be subjected to further export control.

  • Sweee : mainly due to pc sales recovery slowdown, thankfully got ai demand to cushion the softness. Looking long term, by 2025 the recovery should accelerate, now is best opportunity for bargain hunting. AVGO and MRVL should less affected as their businesses r quite diversified, MU might get hit by the slowing pc revenue. Been trading options w the semi cons, v lucrative premiums [undefined]

3080
Followers
28
Following
36K
Visitors
Follow