nschairer

AMD Stock Overvalued Look for Correction Until Ryzen Chip is Out

Corto
nschairer Actualizado   
NASDAQ:AMD   Advanced Micro Devices Inc
Bearish flag ready to correct, thinking the stocks a little overvalued right now.

You can see the RSI declining slowly, might be time for some nice consolidation.If consolidation occurs it would be a great buying point before their next product release.

With the new Ryzen chip coming out we may see a influx in price as it is a huge competitor to Intel's latest chips and is much cheaper. The chip releases sometime in August or late July I believe...

For live updates for all cryptocurrencies check out my app on the app store for coinmarketcap.com at:  itunes.apple.co...ap/id1257341716?ls=1&m...
Comentarios:
looks like it might break that bearish flag...however ryzen sales could push it higher
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.