AMD has a history of constantly being oversold and overbought on the RSI. Today we finally see it hit its oversold mark.
Any dips under $49 would be a strong buy in my opinion.
Since 2012 AMD has completely revamped their business model and they are definitely not the same company they were nearly a decade ago. They are substantially better and their products have only been getting better every single year.
Their consumer computer parts are now being favorited from people who would only buy Intel.
Great swing trade opportunity for now into July.
I also only see upside longterm for AMD so they are definitely a great investment in my opinion!
Any dips under $49 would be a strong buy in my opinion.
Since 2012 AMD has completely revamped their business model and they are definitely not the same company they were nearly a decade ago. They are substantially better and their products have only been getting better every single year.
Their consumer computer parts are now being favorited from people who would only buy Intel.
Great swing trade opportunity for now into July.
I also only see upside longterm for AMD so they are definitely a great investment in my opinion!