ChartPros Market Insights
July 3 Chart of the Day - AMD
Advanced Micro Devices (AMD) and NVIDIA (NVDA) are often mentioned in the same breath however AMD is quickly and often positioned as the "little brother" when it comes to AI chips.
When we last featured AMD a little more than a year ago their stock was trading in the $130 area and since went on to make new $227.30 all time highs (ATH) this past spring.
Don't you wish you followed us then?
When we last featured AMD a little more than a year ago their stock was trading in the $130 area and since went on to make new $227.30 all time highs (ATH) this past spring.
Don't you wish you followed us then?
March 21 Chart of the Day - Ansys
Ansys (ANSS), a NASDAQ 100 company, develops and markets CAE/multiphysics engineering simulation software for product design, testing and operation and offers its products and services to customers worldwide.
The company made headlines this week by announcing they recently strengthened their collaboration with NVIDIA (NVDA) to boost the advancement of simulation solutions backed by pioneering technologies like computing and generative AI.
With this in mind we set out to review their chart from a price action technical analysis perspective.