Been patiently waiting for months for this stock to make a real move. It just does not want to do anything but go sideways. Looks like it may be trying to make $60 within the week as it heads into earnings. There was also some news yesterday that AMD "will" release the next version of Ryzen in 2020. If it does hit $60, then I doubt it will stay there. It just never seems to hold and AMD always seems to drop before earnings.
What I don't get is that AMD is beating the pants of of Intel in performance at both consumer and enterprise. I guess their lack luster graphics card business is holding them back. However, NVIDIA stock looks unstoppable right now. I am up 53% on that. The only problem is that I sunk most of my money into AMD and only a tiny amount into nvidia. Oh well.
Hope this helps.