SPX 2025 Strategic Outlook 7150 points Wave Five Bull Market🔸Time to update the SPX outlook, this is 2D price chart, we are
currently entering overpriced zone and limited upside in SPX
going forward next few weeks correction / pullback.
🔸SPX price structure since 2023 is defined by a five wave impulse wave 3 completed already and currently we are in wave 4 pullback/correction until 5415 points. expecting wave four pullback to complete in January 2025.
🔸Wave 1 is 3600 to 4625, wave two 4625 to 4125, wave three 4125 to 6100,wave 4 pullback/correction now is 6100 to 5416, final bullish wave five is expected to start from 5415 to 7150 points (30% bull run). Wave 5 expected to start in January 2025 and complete sometime in Q4 2025. A/B/C 40% correction will follow as the market will enter extremely overbought zone.
🔸Recommended strategy position traders: wait for the wave 4 correction to complete at/near 5415 points in January 2025 and then BUY/HOLD into wave 5 final target is 7150 points in Q4 2025. Obviously, this is a longer BUY/HOLD trade setup and patience is required with this trade. good luck!
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Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
AMD
Is $AMD a massive buy opportunity for 2025?Is NASDAQ:AMD a massive buy opportunity for 2025?
AMD is doing great financially/fundamentally with chips that is 2nd to NVDA. In addition, their data center revenues are growing exponentially.
It is a probably a great buying opportunity here at $121 going into 2025.
AMD - Weekly ChannelsLooking at AMD for potential long position. Previous times playing downward channels AMD usually breaks out of the channel on the 4th retest of bottom part of channel.
Could Enter on 3rd test with tight stop and early scales marked in orange.
With recent hawkish Fed on 12/18, we may see more downside (a 4th test) before a breakout from the channel.
$AMD BuyThe chart of NASDAQ:AMD , combined with its latest fundamental research, provides a detailed overview of the stock’s current position and outlook.
Technical Analysis:
NASDAQ:AMD is currently in a corrective phase, testing critical support levels. The price is approaching significant support around **$120**, corresponding to the 0.618 Fibonacci retracement, with deeper support near **$92**, aligning with the 0.786 Fibonacci retracement and a long-term moving average. These levels are historically strong areas where buyers could re-enter the market.
Momentum indicators such as **RSI** and **Stochastic Oscillator** are showing oversold conditions, signaling a potential reversal upward. The **MACD** remains bearish but hints at a possible shift in momentum. The long-term trend remains upward, with the current price action indicating the stock is near a potential turning point.
Fundamental Analysis:
Recent financial performance highlights NASDAQ:AMD 's strength. In Q3 2024, revenue grew by **17.82% year-over-year**, driven by strong demand across its product lines. Net income increased by **157.86%**, reflecting improved profitability and operational efficiency.
Despite these positives, NASDAQ:AMD faces challenges. It is trailing Nvidia in the AI GPU market, limiting its ability to capture a significant share of this high-growth sector. Additionally, a potential slowdown in the PC market could pressure revenue growth. However, NASDAQ:AMD continues to benefit from Intel’s struggles, while growth opportunities in the data center and custom chip markets remain strong.
Synthesis:
The current correction in NASDAQ:AMD 's price reflects market concerns over its competitive position in the AI sector and potential softness in PC demand. However, the company’s robust financial performance and opportunities in high-growth areas like data centers suggest that this correction may be temporary. Key support levels at **$120 and $92** are critical to monitor for potential long-term entry points.
Conclusion:
While NASDAQ:AMD faces near-term challenges, its strong financials, market positioning, and growth potential in high-performance computing present a positive long-term outlook. If the stock holds the current support levels, it could regain momentum, with significant upside potential in the coming years.
AMD Best Level to BUY/HOLD 300% gains SWING TRADE🔸Hello traders, today let's review recent price chart for AMD.
Well defined swings in progress, expecting further downside before
the tide finally turns for AMD bulls. Currently it's recommended to stay out.
🔸AMD is trailing behind NVDA massively, so eventually AMD will to the
mean reversion trade and start to catch up with NVDA, however currently
pullback/correction mode in progress.
🔸Well defined swings - 160 to 58 65% correction, then 58 to 210 280% gains,
210 to 75 represents 65% correction, 75 to 290 is a 280% pump.
🔸Recommended strategy bulls: Bulls wait for correction to complete at/near 75 usd in January 2025 and get ready to BUY/HOLD low, this is a swing trade setup, so will take longer to hit target, patience required. final TP is 290 USD, 280% upside off the expected lows. good luck traders!
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
TESLA 206 - 216 - 230 TP
Why Tesla is Poised for a Bull Run
Tesla Inc., the leading electric vehicle (EV) manufacturer, has shown remarkable resilience and growth potential, making it a strong candidate for a bull run. Here are some key reasons:
1. Strong Financial Performance
Tesla’s financial performance has been impressive. The company’s revenue reached $81.5 billion in 20221, and its stock price has seen a 5-year total return of 795.71%, placing it in the top 10% of its industry2. Despite a decrease in net income in Q3 20233, Tesla’s overall financial health remains strong.
2. Market Leadership
Tesla continues to lead the EV market. It was the most valuable automotive brand worldwide as of June 20231 and led the battery-electric vehicle market in sales1. Despite increased competition, Tesla’s market share in the U.S. and Canada is growing, heading towards 3%, while in Europe and China, 2% is within range4.
3. Production and Delivery Growth
Tesla’s vehicle deliveries reached a record 1.31 million units in 20221, showing a steady year-over-year growth. The company’s long-term target is to increase electric car sales by an average of 50% year-over-year4.
4. Expansion Plans
Tesla is expanding its manufacturing capacity with new factories in Germany and Texas5. These new facilities will help meet the growing demand for Tesla’s vehicles, potentially driving further growth.
5. Innovative Product Line
Tesla is not resting on its laurels. The company plans to launch new models, including the Cybertruck, Semi, and Roadster6. The introduction of these new vehicles could attract new customers and boost sales.
6. Charging Infrastructure
Tesla’s plans for the world’s largest Supercharger station in California7 indicate the company’s commitment to developing a robust charging infrastructure. This will not only benefit current Tesla owners but also make EVs more appealing to potential buyers.
7. Strategic Market Moves
Tesla is making strategic moves to capture more market share, such as lowering the price of its cars in China and emphasizing online sales8. These strategies could significantly impact future earnings.
In conclusion, Tesla’s strong financial performance, market leadership, production growth, expansion plans, innovative product line, development of charging infrastructure, and strategic market moves position it well for a bull run
GOOD BTC ENTRY !! SL 59K TP 72KREASONS WHY !!
Market Sentiment and Momentum:
Bitcoin soared in 2023, and experts predict further gains in 2024, potentially reaching $80,000.
Despite long-term optimism, Bitcoin experienced a recent dip.
Technical indicators suggest potential downside, but the market remains in a tug-of-war.
If buyers can push past the $44,700 resistance, a jump to $48,000 is in sight.
Spot Bitcoin ETF Launch:
The launch of a spot Bitcoin ETF in early 2024 is poised to revolutionize the crypto landscape.
This move is expected to attract significant capital from both retail and institutional investors, further fueling Bitcoin’s ascent.
Bitcoin Halving Event:
Scheduled for April or May 2024, the Bitcoin halving event will curtail the yearly supply of new Bitcoin.
This reduction in supply could establish conditions where demand potentially outstrips supply, a fundamental factor in the optimistic price forecast.
Investor Confidence and Accumulation:
Investors are holding on to their BTC with conviction stronger than in 2021.
Relative realized profits show that despite a new all-time high, selling has not been as significant as during the previous cycle.
Consistent accumulation since February 2024 indicates confidence among investors, expecting further price growth.
$ORCL 126 AFTER EARNINGS NYSE:ORCL 126 AFTER EARNINGS
Strong Quarterly Earnings: Oracle has shown strong financial performance in the recent past, with its stock price soaring after reporting results that beat analysts' expectations and highlighted its position amid the AI boom. This indicates a positive market response to its financial performance, which could lead to a higher stock price in the future.
Increased Price Targets by Analysts: Analysts have increased their price targets for Oracle, with some predicting a potential rise to $126.
These optimistic forecasts suggest that the market and analysts have confidence in the company's future growth and performance.
Positive Market Sentiment: The market's response to Oracle's earnings reports has generally been positive, with the stock price rising after strong earnings reports. This suggests that if Oracle continues to report strong earnings, the market could respond positively, potentially pushing the stock price towards $126.
High Growth Potential: Analysts predict that Oracle's earnings and revenue will grow significantly over the next 3 years. This high growth potential could attract investors and drive up the stock price.
Market Leadership: Oracle is a market leader in cloud computing and database software. Its strong market position and broad scope of offerings could contribute to its continued growth and success, potentially leading to a higher stock price.
Positive Industry Outlook: The cloud computing and database software industries are expected to continue growing, driven by the increasing need for digital solutions and data management. As a leader in these spaces,
Oracle is well-positioned to benefit from this industry growth.
AI-Related Gains: Oracle has been highlighted for its position amid the AI boom, indicating its potential to benefit from the growing demand for AI-related services and solutions.
Advanced Micro Devices | AMD | Long at $126.00Advanced Micro Devices NASDAQ:AMD may be the sleeping giant in the semiconductor / AI space. While all eyes on NVidia NASDAQ:NVDA , earnings for NASDAQ:AMD grew by 800% over the past year... and are now forecast to grow 40% per year. Any other company would be soaring right now (like NVidia), but that company is getting all the attention. And, to me, this means opportunity for the future. The cashflow is likely to grow tremendously for
NASDAQ:AMD into 2027 and beyond, which may inevitably reward investors with dividends.
From a technical analysis perspective, NASDAQ:AMD just entered my historical simple moving average zone. This area (currently $108-$126) is where I will be gathering shares. Something tremendous would have to change regarding the fundamentals of this company (like a scandal) for the overall thesis to change. There may be some near-term price pains as NVidia gets all the focus, but to meet demand in the semiconductor and AI space, NASDAQ:AMD is poised to fulfill that roll in the future.
Target #1 = $158.00
Target #2 = $175.00
Target #3 = $188.00
Target #4 = $205.00
$AMD Forms Another Double Bottom – Will History Repeat Itself?I wanted to share an interesting setup I’ve noticed on NASDAQ:AMD daily chart. The stock just completed what looks like a classic double bottom pattern—something it’s done before with impressive results.
What I’m Seeing:
Double Bottom Revisited:
We can see that AMD has formed another “W” shaped bottom, where price tested a support zone twice and successfully bounced.
Historical Precedent:
The last time AMD completed a double bottom, the subsequent breakout and follow-through rally were significant. After the neckline breakout, price continued to move higher, rewarding patient traders and confirming the pattern’s bullish nature.
Volume & Confirmation:
It’s worth looking closely at volume to confirm the pattern. In many textbook double bottoms, volume often increases on the breakout, signaling that buyers are stepping in. If we see heavier trading volumes as AMD breaks through the neckline, it could be an indication that a similar move might unfold.
Potential Price Target:
A common way to project a double bottom target is to measure the height of the “W” and add it to the breakout point. If this pattern performs similarly to the last one, we could see a significant upside move. Of course, there are no guarantees, but patterns like these give traders a framework to manage risk and set objectives.
What to Watch For:
Neckline Break: A clean move above the neckline (resistance area) would be a key bullish signal.
Volume Expansion: Higher volume on the breakout adds conviction.
Market Conditions: Broader market health and sentiment can affect whether the pattern plays out as expected.
AMD has shown us before that this pattern can precede major rallies. As always, manage your risk appropriately—no matter how promising a setup looks, it’s wise to confirm with price action and volume before jumping in.
$AMD DOUBLE BOTTOM EASY $175 BY NEXT EARNINGA double bottom pattern is a traditional technical analysis chart formation that signifies a significant trend reversal and a shift in momentum from a previous downward movement in market trading. It depicts a security or index experiencing an initial decline, followed by a rebound, then another decline to a level similar to the initial drop, and finally a subsequent rebound that may lead to a new uptrend.
- PlayStation 6 Processor Contract : NASDAQ:AMD has secured the contract to supply processors for the upcoming PlayStation 6, surpassing Intel. This agreement ensures the sale of millions of custom chips and generates billions in revenue, solidifying AMD's position in the gaming console market.
- Strong Financial Performance: NASDAQ:AMD reported remarkable revenue growth, with a 17.57% increase in the third quarter of 2024. This performance underscores AMD's robust market position and profitability.
-AI and Semiconductor Supercycle: The semiconductor industry, including NASDAQ:AMD , is poised to benefit from the rising demand for AI-related products and services. This trend is expected to drive further growth and profitability for AMD.
Positive Analyst Ratings: Numerous analysts have given NASDAQ:AMD a "Strong Buy" rating, with price targets ranging from $155 to $250. This optimistic outlook suggests significant potential gains in AMD's stock value.
AS OF 12/16/2024
RSI (14) 33.31
52W Low 3.99%
Amd - Retest, Reversal And A +100% Rally!Amd ( NASDAQ:AMD ) will soon retest massive previous support:
Click chart above to see the detailed analysis👆🏻
After Amd perfectly retested the upper channel resistance about half a year ago, we saw a beautiful rejection and already a retest of the crucial horizontal support. Now, Amd is once again coming back to retest this support and another bullish reversal is extremely likely.
Levels to watch: $130, $260
Keep your long term vision,
Philip (BasicTrading)
AMD - A strong compettitor in the AI&Bluechip business.Hi Investors our next stop is the fantastic company Advanced Micro Devices. Currently the stock had a tremendeous year, and afterward took a very bad beating , which pushed the price to it's current level which is a strong support at the moment. From a technical perspective is the strong support should attract a lot of buyers at this stage to push our boundries to some of our targets.Additionally the RSI is quite low so I can see an ascending channel formulating.
Fundamentals : AMD has seen impressive growth, driven by it's competetive produts liek Ry zen and EPYC processors, which have gained significant market share. The company's focus on innovation in areas liek data centers AI and high performance computing positions it well for future and stable growth ahead. Their strong financial performance and continuied makret expansion makes AMD a promising investment in the tech sector.
Entry already active I have bought 1,000 shares at : 129.50$
Target 1: 144.09$
Target 2: 159.85$
Target 3: 174.89$
Target 4: 191.01$ (If we have enough buying power to cross / break the Strong resistance level at 174.89$, but I will confirm nor deny once we get close to that area if we would be able to acquire the final target)
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
The key is whether it can rise above 134.27-143.90
Hello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
-------------------------------------
(AMD 1M chart)
The key is whether it can maintain the price by rising above the 139.15 section.
If not, and it falls, it can fall until it meets the HA-Low, BW(0) indicators, so be careful.
-
(1W chart)
The key is whether it can rise after receiving support near 134.27-143.90.
If not,
1st: 108.10
2nd: 81.99
You need to check whether there is support near the 1st and 2nd above.
However, if you meet the HA-Low indicator while the decline is in progress, the support near that area is an important issue.
It is expected to create an upward wave if it rises above 177.25-180.49.
-
(1D chart)
It is currently located near the box section of the HA-Low indicator.
In other words, the key is whether it can receive support and rise near 130.24-153.60.
If not, there is a high possibility of falling to the point mentioned above, so caution is required when trading.
-
What we need to look at is whether the HA-Low indicator turns upward.
The fact that the HA-Low indicator is created means that a low point has been formed.
However, since it does not mean that a bottom section has been formed, it can be seen that a bottom section is likely to be formed only if it shows an upward trend after the HA-Low indicator is created.
Therefore, you can buy when it shows support near the HA-Low indicator.
However, you need to consider whether the bottom point of the HA-Low indicator box can be designated as a stop loss point.
-
If the HA-Low indicator rises, the trend will be determined again by touching the HA-High indicator.
In other words, if it rises above the HA-High indicator, there is a high possibility that a stepwise uptrend will begin.
However, if it fails to rise, there is a possibility that it will meet the HA-Low indicator again.
- It slowly creates waves by moving sideways within the HA-Low ~ HA-High range, or
- It creates an upward wave by rising above the HA-High indicator, or
- It creates a downward wave by falling below the HA-Low indicator.
-
Thank you for reading to the end.
I hope you have a successful trade.
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ADVANCED MICRO DEVICES $AMD | CHIP STOCKS FALL DOWN Dec11'24ADVANCED MICRO DEVICES NASDAQ:AMD | CHIP STOCKS FALL Dec11'24
NASDAQ:AMD BUY/LONG ZONE (GREEN): $141.50 - $166.50
NASDAQ:AMD DO NOT TRADE/DNT ZONE (WHITE): $134.50 - $141.50
NASDAQ:AMD SELL/SHORT ZONE (RED): $110.00 - $134.50
NASDAQ:AMD Trends:
NASDAQ:AMD Weekly Trend: Bearish
NASDAQ:AMD Daily Trend: Bearish
NASDAQ:AMD 4H Trend: Bearish
NASDAQ:AMD 1H Trend: Bearish
NASDAQ:AMD Oct29 earnings release started bearish trend. Bears should start targeting the previous quarter's lows. Price is currently breaking my indicator's range to the downside, and all display indicators are pointing to a bearish trend for $amd. Recently, bearish momentum breaks down from the DNT range this week.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
trendanalysis, trendtrading, priceaction, priceactiontrading, technicalindicators, supportandresistance, rangebreakout, rangebreakdown, rangetrading, chartpatterntrading, chartpatterns, advancedmicrodevices, amd, NASDAQ:AMD , chipstocks, microchips, microchipdevices, google, googledrive, googlechip, googlesupercomputer, smci, supermicro, nvda, nvidia, nasdaq, ndq, qqq, techstocks,
AMD Is it really as 'dead' as it looks?Advanced Micro Devices / AMD is down -45% since their March 2024 All Time High and the market appears to be quickly losing faith on the stock.
However, this is not the first time we've encountered such decline on this stock as the exact same Channel Down that had a drop of -42% also took place during the previous Bull Cycle.
In fact this is what we called the mid Bull Cycle accumulation Channel and as you see in both patterns, the 1week MA100 supported. On the 2017/18 case, it kickstarted a rebound to the 1.382 Fibonacci extension.
It is amazing to see that even the Bear Cycles that preceded those Channels (2022 and 2014/15), they declined by the same amount (-66.41%).
So for now the 1week MA100 is supporting the November-December consolidation and this is the 1nd time it has since the August 5th low.
Once the 1week RSI hits 38.00 again (like it did on March 26th 2018), it will be the ultimate time to buy again but being so close to it right now, you can start buying even now.
Target 350.00 (little under the 1.382 Fib).
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Be careful with AMD !!!In my opinion, the shares of this company are 14.5% overvalued and should reach a price of $137. The reason for the recent decline in AMD shares is due to cautious statements at Morgan Stanley. Advanced Micro Devices (NASDAQ:AMD) shares fell more than 3% on Tuesday following cautious comments from Morgan Stanley, highlighting concerns over the company's AI supply chain strategy.
Analysts noted that AMD appears to have reduced its wafer bookings for MI325 at Taiwan Semiconductor Manufacturing Company (TSMC) for 2025 due to uncertainty over MI325 demand. Morgan Stanley stated, 'It appears that AMD has reduced some of its CoWoS wafer bookings at TSMC for 2025 due to uncertainty over MI325 demand. This move indicates AMD's conservative approach to managing potential demand volatility for its AI processors.'
However, Morgan Stanley analysts added that Nvidia (NASDAQ:NVDA) quickly absorbed the vacated capacity at TSMC, emphasizing Nvidia's aggressive positioning in the AI market.
The bank's note also provides insight into broader trends in the semiconductor industry, indicating that other companies are ramping up production. For instance, Marvell (NASDAQ:MRVL) tripled its CoWoS bookings for 2025 compared to 2024. Meanwhile, Intel's Habana division kept its wafer bookings at TSMC unchanged, indicating stability in its AI-related production.
The cautious tone from analysts on AMD follows a period of intense competition in the AI space, with Nvidia strengthening its leadership. The note also mentions that 'WPG's sales in the third quarter grew 25% quarter-over-quarter, compared to previous guidance of only 5.5% quarter-over-quarter growth,' with the bank noting 'increased business from AMD processors and GPUs.
Direxion Semiconductor 3x Bull | SOXL | Long at $30.00So many semiconductor companies... which one to choose? Enter AMEX:SOXL - not for the faint of heart. Losses and gains triple compared to most semiconductor ETFs, so stay away if high-risk plays aren't your thing. The top three holdings are NASDAQ:AMD , NASDAQ:AVGO , and NASDAQ:NVDA - two of which are at all-time highs...
I wouldn't be shocked if AMEX:SOXL enters the low $20's to test the base of my historical simple moving average area, but I don't think we are done hearing about AI and the semi demand. There are large gaps to fill above and below the current price and we are at the 50/50 stage (i.e. historical simple moving average zone) for a price move up or down.
My bet is up, especially with the new presidential administration. If politicians start dumping semis, I'm out. Thus, at $30.00 AMEX:SOXL is in a personal buy zone.
Target #1 = $35
Target #2 = $40
Target #3 = $50
Target #4 = $60