AMD About To Go For 300% Blowoff Before Multi Year Correction
AMD looks like it still has a lot more steam left. More so than NVIDIA. If I was holding NVIDIA I would sell and put it into AMD probably now.
I see a move up into the $600 range, hard telling what a top would be but that rising channel resistance will probably hold. Once rejected off that resistance itll be a slow and steady decline back down to double digits. The stock market and the overvalued stocks will slowly bleed out into Bitcoin and the Crypto market over these next ten years. A lot of these stocks are waaaayyy overvalued. Like stupidly overvalued. Its a bubble about to blow.
None of this is financial advice its just my opinion. Thank you
I see a move up into the $600 range, hard telling what a top would be but that rising channel resistance will probably hold. Once rejected off that resistance itll be a slow and steady decline back down to double digits. The stock market and the overvalued stocks will slowly bleed out into Bitcoin and the Crypto market over these next ten years. A lot of these stocks are waaaayyy overvalued. Like stupidly overvalued. Its a bubble about to blow.
None of this is financial advice its just my opinion. Thank you
