Advanced Micro Devices Stock Discussion

Rich Gang :

103651476 : really?

131313 : yes

102687997 : where?

Yan Zhang8 : Christmas, don't go short.

ZenC : Compare to Nvidia P/E, actually it’s still fairly valued.

ISTJ : Intrinsic value 180

103144246 : meaning going up or still going downwards?

dogsofgods OP 103144246 : Can only pray it goes in your favor I'm praying for it to go up

GowthamCena : Looks like we don’t have any visible triggers/news to move this up. Do you see any?

dogsofgods OP GowthamCena : Imo I don't really care about news, and I am simply long bias because I am bagholding with short 125P 12 20.
Based on the comments and what I observed for the past few weeks, AMD drops on any news LOL. Only hopium will bring it up enough for people the regain confidence to be bullish
Even if we talk about technicals, it seems like the downside is more likely to continue as you can see the space of air on the left chart on pricing below 125.
Just be patient and control risk if you decide to make a long play and have stop loss, then you can sleep well at night liao.