$Advanced Micro Devices (AMD.US)$ I'm guessing fomo  mad peo...

practical NyanCat_76 股市大师 : Beck’s he doesn’t know how to read charts

DavidCCL 股市大师 : Kind or Sour?

practical NyanCat_76 DavidCCL : Of course kind. Go see the weekly chart

104159316 : very funny analysis

104714243 OP : because its severly overpriced....

digimonX practical NyanCat_76 : I m curious to know what u see in the charts. I can't read charts.

I made a friend here recently who shared his charts & analysis of bitcoin. It was helpful for me because I have been buying the ETF & the various price pts guided me in my purchase decisions.

I have also seen a jobless guy who self-claimed to be an expert chart reader/trader. I tracked his nonsense from Feb till now & found 80% of his loud predictions were wrong. This is if I m kind to assume he was right in the mth of Jan. His last long prediction was so wrong that he go on telling pple he is an investor now - just buy & hold. I laughed so hard my tummy hurt.

practical NyanCat_76 digimonX : When you analyse the chart, it depends on what time frame. Daily, weekly, monthly. But many use like 30 min chart. You learn first before anybody can explain to you. As to the jobless guy, what else you expect from him?

digimonX practical NyanCat_76 : It is ok. Nevermind.

digimonX 104714243 OP : AMD has been "severely overpriced" since it was $5. It is just that at different time frame, pple complain abt different things. But the stock keeps trending higher over the longer term.

The analyst that said amd wud never be able to compete with Intel yrs ago recently valued amd @ $140. So, his analysis & reports of AMD being "severely overpriced" all these yrs from $5 to $100 were all wrong.

Anyway, the above are what I have observed having invested in AMD for 10 yrs. u do ur own, as long as u r happy.