 Hey what's up you two, I'm Zeke and welcome to the Dream Green show. This episode is brought to you by Weeble. Sign up now by clicking the link down in the description, deposit $100 and receive two free stocks valued up to $1400. And this week is week 10 of my AMD Trading Challenge where I track one company for the next 52 weeks. I'm going to track that news, the earnings reports. I'm going to analyze their charts and price points to see if tracking one company and their competitors would have any benefit of me trading this company for a full year at all. Other than just buying and selling a company blindly without even tracking that company's projections in the future. But I'm going to keep track of this one company to see if that helps me at all. And so far it has. This is week 10 and let's take a look at AMD over on my Robinhood account. All right so here we are on AMD over the last week. AMD is at $81.70 right now, but it had a pullback down $3.42 bringing it down 4.02% over the last week. Over the last month AMD has still been performing pretty well up $3.67 up 4.7%. Now if we're taking a look at AMD's all-time high at $92.18 they have, they killed it last week at $92.18 being up on the month 18%. But they're starting to have a pullback and it's pulling back to $81.70. Speaking of that pullback you guys don't want to miss out on that technical analysis that I'm going to do at the end of this video. Some pretty good trade setups is coming so make sure that you guys stick to the end of this video so that you don't miss out. So let's scroll down and take a look at my positions. I have 48 shares at $3,921.60 with the average cost of $34.42. I'm up $2,269.64 up 137%. So AMD it has still been treating me well. If you guys remember back in week eight I bought one share of AMD which brought me from 47 to 48 and I'm not going to swing or day trade that one share. That's just going to stay in there so now my baseline is 48 shares. I'm going to eventually have a baseline of 50 shares before I start buying and selling on and off AMD again. I'm just going to build it up to 50 but it is some good buying opportunity coming up like I said in a technical analysis so you don't want to miss out on that. And other big news is that we ain't ready about Intel no more. We ready about Nvidia. I've been telling you guys for the last couple weeks for the first eight weeks we've been talking about Intel and the last couple weeks we've been talking about Nvidia and they came out with some big news that might just might affect AMD just a little bit on that upcoming release of that GPU. So some big news coming out. So let's go ahead before we dive into the news before we dive into the news you guys go ahead and hit that thumbs up button so you help out this channel a lot it really helps motivate me to do all of this research and to present it to you guys. So if I could get maybe a hundred likes a hundred thumbs up on this video it lets me know that you guys are enjoying this AMD series so go ahead hit the thumbs up button but enough of that let's go ahead and dive into this video. All right so let's dive into some good news first here we are um alleged leaks from AMD which I won't be surprised actually because of their new 7nm chips um they are refreshing that epic processors these are the processors that goes into the big processor buildings and units to support the cloud and everything else for big businesses they're rumored to have a 20% better core performance over their last gen so that is insane when you're thinking about performance increasements 20% and the uh cpu market gained by the next generation is a major leap guys so that's going to help them if the rumor is true it's going to boost their price I believe in the near future but we have to wait and see when the AMD epic server processors come out to see if the rumors are true but I think that it is a a true rumor to have a performance increase from 10 to 20% even if it's just 10% that is still great but 20% if it's like it's rumored that is groundbreaking and that's very good news for AMD now over to nvidia let me explain to you guys okay so like I said and when it comes to gaming and gpu power of power no one outdoes nvidia they just they have the technology to have the amazing uh performance now AMD had the advantage over nvidia because they had good performance for the price it wasn't the best performance nvidia will will outperform all of AMD cards but when it comes to the price AMD will perform almost just as well before a much cheaper price you understand what I'm saying for a much cheaper price but now nvidia is coming out with that new rtx 3000 series and the one that we're raring about is the 3070 series now the 3070 series is the one that we're raring about this one is better than nvidia's last gen best graphic card the 2080 ti which is like a 1200 dollar 1300 dollar graphics card and the 3070 series the new gen is better than their best performing last gen at a much cheaper price it's gonna come in at 499 dollars let's scroll down just a little bit here it goes it's gonna come in at 500 dollars and it's even better than eight like to get your hands on the 2080 ti that means you were the gaming pc god you was that guy or girl and you could play any game on the market at max settings if you wanted to and now you could get a much affordable graphics card and be even better than their last gen best performance graphics card so that's that's gonna make nvidia current owners start to sell their current graphics card so they could pick these up in sept in september and october when they release but with rtx 3000 series priced at 500 and then the next best month priced at 700 that's going to make AMD and that's going to put them in a bind because usually AMD highest performance graphics card is around 500 dollars and then that budget is around 300 dollars so we're going to see what AMD prices their graphics cards there to see if they can even perform with nvidia at all but let's go ahead and dive into the technical analysis of AMD right quick all right here we are over on think or swim this is the four hour 180 day chart that means every bar that you see on here is four hours in the trading day over the last 180 days if you guys been watching my videos for a long time you know that i do not delete any lines on here to show you guys that hey hey hey you know what i'm saying i do know what i'm talking about sometimes you know what i'm saying so anyways let's go ahead and look at the lines that i drew out over the last couple weeks let's zoom in let's not zoom in anymore well we might have to start clearing up some lines but don't get cluttered now this is the pullback that i've been saying that we've been looking for a long time by AMD to pull back to the green line right here that is the this is the 180 day SMA line the simple moving average line we've been waiting for it to pull back to this line i say this is going to catch up go watch my other videos i kept saying that we're going to wait for this green line to eventually catch up to AMD so now i'm the green line has finally caught up in fact we drew out this support and resistance line so let's draw this out right here and it did eventually touch that line one more time right there so this is a clear support line now it bounced off once right there once again right there and right there and then the last two weeks ago i said that it was going to play off this uptrend line and i drew it right here and it ended up staying true to this uptrend line broke above the old resistance line it started to pull back now if we take a look at the rsi it is oversold AMD is oversold right now so it might be a good great a great opportunity to start buying back in especially if it shows that it's going to bounce off its old support line in the 180 day simple moving average line so we might wait until the magd start showing green lines again or two it crosses the blue line crosses over the yellow line that'd be a good indication for us to start buying back into AMD at a great price could AMD fall all the way back down to this old support line back here let's zoom out a little bit could it fall all the way back down to this old support line all the way down here it could it could if it does i don't see it falling all the way back down to $59 i just don't see it guys i i don't see it falling all the way back down to $59.60 but if it do oh man we're gonna pick up a whole bunch of shares to $60 i tell you that so AMD is oversold the magd is looking good so once it shows that it's going to bounce off the 180 day super moving average and offer this line right here it'll be a great opportunity to start buying back into AMD now so for the future projections of AMD let's zoom out one more time if we draw out this channel one more time out for the next couple weeks AMD i could see it and let something big happen with the GPUs that they're going to release i could see it trading in this channel continuing for the next couple of weeks or at least for the next week until something big happened to make it break above the $86 barrier again this old resistance line but i do think it's going to trade in between these two channels right here and using the simple moving average as a support line so that is my place on AMD for maybe the next week or so all right guys and that's it for week 10 of AMD there's no week nine but this is week 10 just in case if you guys was wondering where it was make sure that you guys hit thumbs up on this video to let me know that you guys are enjoying this series but other than that to make sure that you guys don't miss out on any future videos make sure that you subscribe buttons to this channel so that i could continue to make these AMD trading challenge videos for you but other than that i'm zeke bring you the dream green show and i'm out peace