Web Statistics The Sentiment Trader
Showing posts with label amd. Show all posts
Showing posts with label amd. Show all posts

Tuesday, 28 August 2018

AMD just did something it hasn't done since the dotcom bubble


AMD just did something it hasn't done since the dotcom bubble

"AMD just did something it hasn't done since the dotcom bubble" 

in the news AMD just did something it hasn't done since the dotcom bubble? What this all about..... See below. 

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Sentiment Trader shows a very interesting chart today. After a triple-digit rally this year, AMD is now at its most overbought since 2000. We have discussed with our analysts what is happening, but its due to a huge boom in the semiconductor space, with driverless cars, and data, and Artificial intelligence as huge booming areas, right now mid 2018. These are huge sectors to watch. We do hear talks about bigger investors saying whether a repeat of its dotcom bubble drop is ahead. We do not think that is the case right now, and so lets take a look at the chart. 

what is happening?, get this, a 140% gains in the last year or so. WOW!

AMD the last 7 days is actually up 30%.... whoa! check at the chart below, we had a major run up on a nice rising support line back to the 20 and then prices has gone nuts and broken out violently to the upside. SO WHAT NOW!??

 This is quite an interesting chart. 




The big rally yesterday on huge volume, one to watch. When you get such huge volume and price spike it tells you to be careful, but its still worth a watch to go higher later in the year. That remains to be seen. 

on technical levels, you might..........  CLICK HERE TO READ MORE!....

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Tuesday, 12 September 2017

NVIDA chart


NVIDA chart 

"NVIDA chart " 

in the news NVIDA chart ? What this all about..... See below. 

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Sentiment Trader sees the NVIDA chart....

also we think with the rise of cryptocurrency mining market is strong for Nvidia and AMD we think cryptocurrency mining will be a viable growth market longer term for Nvidia and AMD. That is the secret play here. 

Nvidia's stock is up nearly 180 percent in the past 12 months through midday Monday compared with the S&P 500's 17 percent gain. That performance ranks No. 1 in the entire S&P 500, according to FactSet.


AMD shares are up 112 percent in the same time period, a return that ranks No. 2 in the benchmark index.

This is quite interesting The NVDIA is near the highs in a wedge formation!! but the chart is looking strong!. 





We actually believe that the technology they are based on, called Blockchain, which supports secure accounting of distributed ledgers, has applications in financial services beyond cryptocurrencies. We expect demand for Blockchain GPUs (including for cryptocurrencies) to continue to grow and become an important driver for GPU growth, even if with some degree of volatility.

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