AMD

AMD up 13% this week, if you can believe that. Now, the buy signal on AMD actually came on Thursday, September 10th. So, in the midst of this up move right here, AMD has locked in that fresh buy signal.

But, we got some overhead resistance to talk about, right? We have some actually pretty enormous uh overhead order blocks right here. Now, what do these order blocks represent?

They represent areas of trapped buyers and trapped sellers, and they are going to sell out as fast as they possibly can onto you.

This morning in the alpha report, we were a little bearish on AMD. Uh mostly because it just like once it seems like every time it gets to 520, it just tanks after that. Uh that's just been a little history we found with AMD.

But it's it's a fun play, you know, 452 to 520. It's like perfect. Look at that. That's what we called last Friday. Last Friday over here. Like, oh, this could go 420. This could go up to or from 452 to 520.

Yeah. On on some of the hardware news we were seeing last week. And so, if you're watching this trade, that's something to watch.

Can you talk to me? AMD ( AMD) AMD stock rose a whopping $72,000 today in public accounts. The gain in AMD stock in public accounts alone has again exceeded one million dollars.

Two, AMD. What's happening at AMD? Where is this stock going from here? I think this is a very important point in today's video.

I was wrong on Netflix, but I was right on Nvidia, AMD, Microsoft, Meta, Shopify, Palunteer twice, Google, Robin Hood, Take Two on one of the positions I didn't do well on.

Let's go over AMD as well as Palunteer because these were two of my um interesting and more successful plays.

AMD is 22% below.

AMD is a whopping 117.

So compare that to AMD at 117. Totally different businesses, but you know 26 seems a lot better. AMD at 117, we'll talk about why it's that high later on when I cover AMD.

So, the next stock is AMD's with a PE ratio of 117. Now, guys, 117 is crazy and people are saying AMD is overpriced. I strongly disagree. I think in 2026 AMD can be $500 to $600 per share.

I think it's actually really cheap. I think it's undervalued. Uh in my opinion, currently it's undervalued by 15 to 20% in the shorter term. So I wouldn't be surprised to see AMD at around $550 per share in October, November, or December of 2026.

Hey, maybe even happens later on in um this month of September.

So like we have we're overweight AMD. Well, the VSS on that stock are like close to 90%. We have a valuation on AMD. We're bullish on it. It's about 650, but you can write 700 calls of very low deltas, so very low probability of them being exercised, but let's say that AMD reports and takes off like a rocket.

Well, we're prepared to sell it there. We have a huge gain in it. It's close to our target, so it might run over a target, but it's it's arguably overvalued there. And then we just deliver the stock into the call and book a huge gain on the stock.