Hey Folks - today we’re going to discuss my DCF Conclusion Study for AMD (Advanced Micro Devices), one of my favorite companies within semiconductors space.
Before we do so, a quick recap on market context today: I shared commentary on Twitter after our Short-Sell Scalps played out almost instantly upon the opening bell.
Tweet 1: Short-Sell Scalp the NQ Market for 30-50 points at 18150-200 to reject lower towards 18100 came through.
Tweet 2: A warning to Cover shorts as overstaying welcome as Bear 🐻 is fraught with danger. Also, Sharing that ~18000 NQ region was likely a bounce region for 50-70 points. Low of Day was 18050.
There is ample opportunity for both sides (Longs and shorts) to profit. The key is simply to study the right levels (helps with Entry) and plan out estimated size of move (helps with profit-taking expectation). I provide my thinking on both in my Pre-Market Notes for members.
With this being said, let’s talk about the AMD DCF Conclusion Study.