AMD - Chip Stock favorite

I’m unmuting you just cause that made me laugh

AMD event is actually great. For today, it doesnt reflect on the price action. Having my calls for september was a good choice. I see upside mouvement in the next weeks

I was just breaking balls cmon

I’m thinking Aug $150C?

That’s promiscing wanna see how price action acts during the end of june and begining of July

big PT raises to aprox $140-$170 across the board this morning

1 Like

Pulled the trigger on AUG18 $150C @3.60. I thought of waiting for FMOC, but I think the projected data center buildouts for AI makes these semis good for the near future.

You look like grilled chicken

AMD calls getting cheap. Good entry for september calls IMO

Heard some news about china might not get some stimulus to boost GDP and I know lot of chips stocks or at least 25% of their revenue comes from china. That might affect revenues moving ahead if china doesn’t get stimulated

For transparancy purpose. Even if I beleive the price action will turn around in the next month of 2, this is the state of my positionimage

Could be bullish at some point for high end hardware tech sector.

2 Likes

come back

1 Like

AMD is looking toasty:

  • Just made it over the 20SMA
  • Higher lows over the last 6 months
  • Hasn’t done the parabolic craziness of NVDA or SMCI yet, but laggards seem to be catching up these days
  • Possible double bottom over the last month
  • MACD and RSI are supportive too

Earnings in 2 weeks.

1 Like

When you say toasty, in the sens that they are cooked ?

Sorry meant it in the sense that its warmed and well set up for some kind of bullish move.

Not a sentiment that the market has shared in the last 2 weeks though, as AMD seems to be sitting and waiting on the 20SMA line for earnings. RSI also squarely at 50. Personally am not in the play as don’t have strong conviction either way.

1 Like

I think we can expect a reversel on the price action really soon

Thats a lie I didnt do shit

Bruh wth

Aight aight. Okay