Heading up closer to $20 by the next earnings report

2018年6月7日

I tracked out a boundary set by the range of push and pull between the shorts and the longs. The price has been tracking nicely inside the lines for the 3 or 4 weeks since I created it. I've actually adjusted the bottom upwards a bit and as you can see it even broke my ceiling before settling back in to the growth pattern I mapped out.
Because the market share and product line is improving, we cannot compare the past years prices in the same way as we might for a company like Intel.



Full disclosure, I work in IT. I also build computers and manage networks, so I have a unique perspective into the adoption in the workplace as well as the competitiveness of AMD going forward, after so many years of them not having a competitive product.
My general prediction as it stands right now, without any further information (earnings reports etc.) is that AMD will be around $20 by the end of the year.
I'm optimistic that it will go higher after even more good news and earnings reports that are still coming down the pipeline.

2018年7月13日

註釋

Target for earnings report adjusted down to $17 and change.

I'm raising my end of year target to $25, and possibly $30 if the earnings report is positive. Higher than expected EPYC adoption, as well as access to the Chinese market will push AMD into the $40-50 range by the end of 2019.

2018年7月13日

註釋

Forgot to mention that most of the stall out that broke my original prediction (after 2 months) was due to trade war fears and short sell pressure/manipulation from swing traders. Hold the line! Things will only improve from here (medium to long term), buy the dips!