
IBM AND AMD TEAM UP ON QUANTUM COMPUTING, NVIDIA ADVANCES ROBOTICS, WHALES SELL CRYPTOS
By Nigam Arora
To gain an edge, this is what you need to know today.
Next Wave Of Disruptive Technology
Please click here for a chart of Advanced Micro Devices stock (AMD).
Note the following:
- The Morning Capsule is about the big picture, not an individual stock. The chart of AMD is being used to illustrate the point.
- The chart shows AMD stock has fallen below zone 1 (resistance).
- The chart shows AMD stock is no longer on the steep upward sloping trendline.
- RSI on the chart shows AMD is oversold. Oversold stocks tend to bounce.
- AMD is teaming up with International Business Machines (IBM) to advance quantum computing.