I think a rotation is in order here. INTC hasn't underperformed this two, and specially AMD like this in a long time. All timeframes look like this might be a bottom in the ratio, so, I'd reccomend swapping your 
AMD for 
INTC if you have any, and/or take the pair trade. As you know, I'm 10% long INTC, and also shorting 
NVDA, but I have no AMD position. The NVDA one will suffice, but I wanted to point this out to investors who might be holding AMD, sell it while it's hot.
Good luck,
Ivan Labrie.
AMD for INTC if you have any, and/or take the pair trade. As you know, I'm 10% long INTC, and also shorting NVDA, but I have no AMD position. The NVDA one will suffice, but I wanted to point this out to investors who might be holding AMD, sell it while it's hot.Good luck,
Ivan Labrie.
Note
Looks like it's about to turn up.Note
Doing well here. I'd reccomend covering AMD shorts if you didn't yet.Trade closed manually
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.