AMD is technically weak with a pattern of lower highs and is down 19% from all-time highs.
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So, this stock has done us very well, obviously, up $914,000 in the public count. But, this stock is incredibly weak. We have to call it the way we see it, right? And this stock is just very very weak.
It's down 19% from all-time highs. And the trend in AMD is every time the stock tries to come back to life, the it basically has a lower high than the previous time. Lower high, lower high, lower high.
And this is a trend we continue to see play out here.
year-to-date, these stocks, as far as the semiconductors, have still done great, right? ... and then AMD's up 110%. That's amazing performance over the year, right?
and then AMD at the top was up like 120 or no, probably like 130, 140%, right?
you could have both those scenarios play out where SAS stocks money comes out of them, rotates into, you know, you get selling pressure there, you get a bunch of buying pressure from chip stocks, and you have the big techs do bad, and money moves in in into semiconductors, and then that would be a situation where you'd be looking at AMD all-time highs,
If you're looking at an AMD, and you say, "AMD's $469. I want in the stock, because I believe over the next several years it's going to 1,000 or 2,000 dollars, based upon my projections." Great. Awesome for you.
But if you're doing that just because you're like, well, you know, semiconductor stocks do well October through February, so I'm going to buy. No, it's it's a foolish way to play the game.
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