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Bearish flag ready to correct, thinking the stocks a little overvalued right now.

You can see the RSI declining slowly, might be time for some nice consolidation. If consolidation occurs it would be a great buying point before their next product release.

With the new Ryzen chip coming out we may see a influx in price as it is a huge competitor to Intel's latest chips and is much cheaper. The chip releases sometime in August or late July I believe...

View this article on tradingview: https://www.tradingview.com/chart/AMD/qnxK9Bqp-AMD-Stock-Overvalued-Look-for-Correction-Until-Ryzen-Chip-is-Out/

For live updates for all cryptocurrencies check out my app on the app store for coinmarketcap.com at https://itunes.apple.com/us/app/cryptocap/id1257341716?ls=1&mt=8

AMD Stock Overvalued Look for Correction Until Ryzen Chip is Out

Bearish flag ready to correct, thinking the stocks a little overvalued right now.

For live updates for all cryptocurrencies check out my app on the app store for coinmarketcap.com at https://itunes.apple.com/us/app/cryptocap/id1257341716?ls=1&mt=8