Buyable Gap Up - AMD update 3-20-19
|Published:||20 Mar 2019 09:03 ET|
We first reported on AMD's buyable gap up on 1-30-19. Yesterday, Google announced they have partnered with AMD on their new gaming service, Stadia. AMD will be powering Stadia’s graphics rendering in the cloud. This is material news so despite AMD being up almost 12% yesterday, it is most likely premature to sell into strength at the current time. AMD could begin a new uptrend as a consequence of this news.
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