Advanced Micro Devices Inc - Technical Analysis

Although Advanced Micro Devices Inc revenue grew by 53.98% in the last quarter, the firm lowered its full-year sales forecast on coronavirus hit. This fundamental approach in combination with the above technical analysis, make us recommend a hold strategy. 
Advanced Micro Devices, Inc. is a global semiconductor company. The Company’s products include x86 microprocessors (CPUs), accelerated processing units (APUs), discrete graphics processing units (GPUs), semi-custom System-on-Chip (SOC) products and chipsets for the personal computer (PC), gaming, datacenter and markets.