Advanced Micro Devices Inc (AMD)

[BornAtNight]

Help, please. I have been watching AMD and I think I would like to get back in. I would like some help in understanding the charts. It looks to me that the MACD is starting to turn down, changing slope to the negative side. It looks to me that the RSI indicated the stock is oversold whatever that means and upon looking at the triple moving average charts the current price is high above the moving averages, which btw look good as far as they are all climbing and look like they are all still positive. I am hearing bits and pieces of conflicting information. I am hearing a reevaluated fair price of 20 per share and a target price of 29. Can some chart guru chime in please, really appreciate any help in understanding what's going on and if I should wait a bit or jump in. I don't know how much variance is normal in a stock as widely traded as this.