AMD will surpass 95 within 15 days
Yesterday AMD presented their new CPU's. All was practically in line with general expectations for a new generation of Ryzen processors (actually, somewhat better than expected, 19% better instead of 15%). At the end of their CPU presentation, they also showed a glimpse of their BigNavi card, together with some good benchmark numbers. Now their official reveal date is 28 of October, they still have time to tweak the cards some more, so I am expecting quite good results.
Mostly due to FOMO, the price was pushed higher than what I had anticipated. Therefore, the pre-market price has suffered a significant drop (82 at the moment of writing). I cannot fathom AMD dropping below 79.5. I will begin buying the moment market opens, and will continue to add to my position as/if it will go lower.
If nothing unexpected happens, AMD will reach 110 before Christmas.
I adjusted my previous analysis due to newly available information.
Mostly due to FOMO, the price was pushed higher than what I had anticipated. Therefore, the pre-market price has suffered a significant drop (82 at the moment of writing). I cannot fathom AMD dropping below 79.5. I will begin buying the moment market opens, and will continue to add to my position as/if it will go lower.
If nothing unexpected happens, AMD will reach 110 before Christmas.
I adjusted my previous analysis due to newly available information.
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