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Technology Stocks : AMD, ARMH, INTC, NVDA -- Ignore unavailable to you. Want to Upgrade?

To: neolib who wrote (35339)2/26/2020 2:48:00 AM
From: VattilaRead Replies (1) | Respond to of 73730
 
Regarding AMD stock movement, the crucial thing to watch, I think, is whether analysts start to doubt this year's, or particularly, next year's, earnings and growth, with subsequent downgrades and stock targets revised down. If not, there is currently a build-up of buying pressure, with 12 month stock targets above $60 from respected analysts.

So far the stock is just back where it started the year, which is not bad considering the onslaught of disruption and uncertainty brought by Covid-19.



To: neolib who wrote (35339)2/26/2020 6:05:54 PM
From: neolibRead Replies (1) | Respond to of 73730
 
With a steady decline in AH (46.75 currently) looks like we will be testing the 46 support and then possibly the 45 region tomorrow, as it looks like the 47.5 isn't going to hold, unless some good news emerges tomorrow for AMD or the markets in general:



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