in the chart, I can see the triangle, and today's movement might be a trick to be an uptrend in the following two days, making it go uptrend.
what I expect -->
20th (tomorrow) might stay under the 82.40 lever. MAYBE
21th should go up and break the triangle uptrend.
the earning are expected to be 3x the last time, if it's true, (and I'm not wrong), the PE should be 1/3 of today's one, around 50 or 60.
if the trend goes up, we might see a PE of 100 again.
I'm not expecting the price to double (PE 60 = $80 --> PE 100 = $150) but it could be (I hope so lel).
it's just my idea, not the future. execute your trades on your OWN ideas.
what I expect -->
20th (tomorrow) might stay under the 82.40 lever. MAYBE
21th should go up and break the triangle uptrend.
the earning are expected to be 3x the last time, if it's true, (and I'm not wrong), the PE should be 1/3 of today's one, around 50 or 60.
if the trend goes up, we might see a PE of 100 again.
I'm not expecting the price to double (PE 60 = $80 --> PE 100 = $150) but it could be (I hope so lel).
it's just my idea, not the future. execute your trades on your OWN ideas.
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u can also go to watch my previous analysis on AMD
