IvanLabrie

AMD: Short after a disappointing Ryzen release

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IvanLabrie Обновлено   
NASDAQ:AMD   AMD (Advanced Micro Devices Inc.)
AMD's chip is weaker than INTC's one in many regards, although an improvement compared to previous chips. I'd still like to own one, but the hype implied it'd beat INTC's offerings, which it didn't. Valuation and the fundamental factors at play imply we can short with comfort.

Good luck,

Ivan Labrie.
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Closing below 13.13 will be good for shorts. Keep an eye on it.
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Also, from entry, price only went 0.14 against me, then instantly down 1.40 points. This is a 10:1 realized risk/reward ratio. It means the timing for shorting was almost perfect. Also, it could mean it went too well, too fast, so, stay vigilant. If you're caught feeling too smart and 'like a baws' it might mean it's about to turn against your position.
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Daily close favors continuation, holding.
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Anyone in the short with me?
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Same as $NVDA, a triangle...

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