Today's 
AMD earnings report, due after market close, promises to be intriguing
Historically, the movement after earnings over the last 10 years has averaged around +/-10.2%
Theoretically,AMD could significantly benefit from the DeepSeek news, given that AMD has integrated the advanced DeepSeek-V3 model into its Instinct MI300X GPUs. However, this development has not yet been reflected in AMD's stock price
A drop in the stock price post-earnings could set up an interesting scenario. The bullish order block between $93-$102 on Chart 1 might offer a prime entry point for a bounce-back
Over the past five years,AMD's fundamental ratios shown in Chart 2 have generally looked solid. However, the current P/S ratio of 7.7 could ideally decrease a bit for better valuation
It's also worth noting that other chip stocks like
ASML and $RLCX saw positive movements post-earnings last week, though this doesn't guarantee a similar outcome for AMD
AMD earnings report, due after market close, promises to be intriguingHistorically, the movement after earnings over the last 10 years has averaged around +/-10.2%
Theoretically,
AMD could significantly benefit from the DeepSeek news, given that AMD has integrated the advanced DeepSeek-V3 model into its Instinct MI300X GPUs. However, this development has not yet been reflected in AMD's stock priceA drop in the stock price post-earnings could set up an interesting scenario. The bullish order block between $93-$102 on Chart 1 might offer a prime entry point for a bounce-back
Over the past five years,
AMD's fundamental ratios shown in Chart 2 have generally looked solid. However, the current P/S ratio of 7.7 could ideally decrease a bit for better valuationIt's also worth noting that other chip stocks like
ASML and $RLCX saw positive movements post-earnings last week, though this doesn't guarantee a similar outcome for AMDTrade active
AMD initially falls by almost -10% after earnings and comes close to the recently discussed order block between $94-$102I have placed two orders at $101 and $96 with the hope that these will be reached in the next few days
If the price falls below $90 and thus a very important zone from the last few years, then there are probably bigger problems in the background which are not known by us
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.