AMD is laggard to its own industry group SOX SMH severely
yes, $Advanced Micro Devices(AMD)$ is laggard not just to market. it is laggard to its own industry group $Philadelphia Semiconductor Index(SOX)$ $VanEck Semiconductor ETF(SMH)$ severely.
AMD also rejected 50-MA twice in a month alone. For anyone without RS/VARS and MAs on their chart, they will see AMD as a 1-month base setup, but these are obvious traps that will drag your performance.
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