AMD Showing Bearish Evening Star, A Potential Trend Reversal
I posted a bearish idea last year about this stock and this was when the AI sentiment was still strong but despite of that after that major gap up, thing started to slowly change. Over the past session, I've seen this stock is started to show some selling pressures again. And there’s been real news pressure pushing the stock lower, not just noise:
I'd like to share it here:
1) Competitive Pressure From Microsoft’s AI Chip Reveal
Shares of AMD recently slid after Microsoft unveiled a new AI chip designed to reduce reliance on established chipmakers, which hit AMD’s narrative as a core supplier in AI-driven demand. This kind of development creates uncertainty around AMD’s growth trajectory in key markets like cloud/custom silicon.
2) Broader Tech Weakness After Microsoft Earnings
MSFT itself has been getting punished after earnings despite beating estimates, largely due to concerns that massive capex and cloud spending aren’t translating into huge near-term returns and that drag rippled across the tech sector. Tech stocks, including semiconductors, were among the weakest as markets digested this.
3) Mixed Sentiment + Volume Drop
Recent sessions showed AMD trading down on weaker volume, suggesting selling pressure without meaningful buyer support — a bearish backdrop that reinforces the technical pattern.
I am bearish at AMD right now and I will try to trade this as low as that $200 level.
I'd like to share it here:
1) Competitive Pressure From Microsoft’s AI Chip Reveal
Shares of AMD recently slid after Microsoft unveiled a new AI chip designed to reduce reliance on established chipmakers, which hit AMD’s narrative as a core supplier in AI-driven demand. This kind of development creates uncertainty around AMD’s growth trajectory in key markets like cloud/custom silicon.
2) Broader Tech Weakness After Microsoft Earnings
MSFT itself has been getting punished after earnings despite beating estimates, largely due to concerns that massive capex and cloud spending aren’t translating into huge near-term returns and that drag rippled across the tech sector. Tech stocks, including semiconductors, were among the weakest as markets digested this.
3) Mixed Sentiment + Volume Drop
Recent sessions showed AMD trading down on weaker volume, suggesting selling pressure without meaningful buyer support — a bearish backdrop that reinforces the technical pattern.
I am bearish at AMD right now and I will try to trade this as low as that $200 level.
İşlem aktif
AMD down by 8% right now after earnings released. 
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.