AMD: Waiting for a little throwback to grab shares at 105After a little while, AMD confirmed technicaly a LONG. For those who have not grabed shares yet, this might not be the best time as we probably should have a throwback to the set of EMAS recently left behind. We bet on that!by JM_Charts1
AMD Bullish BreakoutAMD has given a strong breakout The company is fundamentally strong and has been in bear trend but given the recent breakout is a strong indication of a bullish move upwards Entry @ 107/108 SL @ 103 TP1 @ 119 TP 2 @ 130 Longby vortexTradingSolutions4
AMD - Cup & Handle on weekly chartAs I see it, AMD has formed a pretty Cup&Handle which was almost 2 years in the making. It would be nice if it could function as a springboard to push the SP to levels never seen before...Longby Blak7Updated 7
ADVANCED MICRO DEVICES Huge bullish break out in the runs.Advanced Micro Devices / AMD is above the 1day MA50 testing Falling Resistance 2, which is the final Resistance level before a complete technical bullish break out. This move was generated after a textbook test and rebound on the 1day MA200, inside the Higher Lows Zone of the long term uptrend. With the 1day MACD on a Bullish Cross, if the Falling Resistance 2 level breaks, buy and target 128.00 (+35.40% rise, the minimum so far on a 12 month range). Follow us, like the idea and leave a comment below!!Longby TheCryptagon7724
Lo in AMD $96-97 (daytrade short) & BUY it for $113 targetAMD hit my long awaited target of $101 on Friday and I am getting it lower for today to around $96.50. The big idea here though (per my dowsing) is to buy it, as it will be a spike down and reverse up. These scenarios can take more than one day to play out, however, I think it's for today as this is a date I've repeatedly gotten for indexes to have some kind of reversal action. I also get the spike down and reverse up scenario in the SPX reading, so it's no doubt to me going to go up soon. The time of day indicated for such reversal is around 1:00 eastern. Sometimes these times are bogus, but this time window comes up for both AMD and SPX. I also was given the date of October 6th for AMD, so maybe those are the best options and it takes that long. Good luck! by JenRzUpdated 221
AMD DOUBLE RESISTANCE! PERFECT?AMD had a nice pump this week and not it's in a little bit of trouble. There is a confluence stopping it's bullish price action. Two major resistance levels merge and AMD looks like it will need to retrace back to the support below before another attempt at moving higher. If price stays where is it by Monday open, I will enter a short position with my stop above the current local high. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.by NavitilityUpdated 220
AMD Advance Above Breakout LineAdvanced Micro Devices (AMD) U.S. chip maker, AMD’s recent price action indicates that its long-term uptrend may be kicking back in. Having hit highs of $130 in June, the shares have undergone a prolonged period of consolidation which has seen the shares pull back to a confluent area of support. The shares have completed a 38.2% Fibonacci retracement from the key October lows, and a 61.8% Fibonacci retracement from the May lows. This Fibonacci cluster coincided with a key level of horizontal support created by the March swing highs. Last month, the shares briefly broke below horizontal support, but rallied from the 200-Day Moving Average. The rally was strong enough to reclaim support and break above the descending retracement line. With short-term momentum now realigned with the bigger picture trend, probabilities should favour upside continuation. AMD Daily Candle Chart YTD Risk management Those looking to take this trade could place stops back below the cluster of horizontal support levels. For targets, traders should use the swing resistance levels created during AMD’s prolonged period of consolidation – ultimate targets would be a retest of trend highs. Please note AMD are set to release Q3 2023 Earnings on Monday, October 30th. It is also worth noting that AMD’s share price will be sensitive to global macro-economic data and events. Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. by Capitalcom8
$AMD Due for a Correction This WeekAMD has been showing a lot of bullishness since September 26. However, AMD has reached the upper range of the white channel and is due for a correction this week. I have the yellow trend line as a key support level and my first price target. I think there will be a solid bounce off this yellow support line in the short term.Shortby realchartchamp112
AMD Daily timeframeafter valid breakout from wedge patern in daily timeframe with candle we can enter to long position with 4 risk to reward that its good maybe price want to meet trend line again.. pay attention to this good luckLongby farhoodjp1
AMD: Ready to SoarAMD has a history of very volatile price moves following pattern formations like these. I am anticipating price to consolidate briefly and then rally beyond the previous relative high. Longby evanwest116
AMD Trend continuation ?AMD has been in a solid up-trend since october 22. The latest correction is approaching a major area of support at around $100.Longby marmap99Updated 6
AMD opening @ reversal zone with max dip ~97-98Watch AMD for a bounce at 97 on a market open fakeout. I already alerted puts (bearish) @ 108 and the stock is already down -8%. That's a large gain in 3 days. Watch for key reversal. If it doesn't reverse, can see a lot of volatility. Tagged the puts idea.by kingdipsUpdated 3
💯 AMD not a lot of sell pressure down here. Watch itFor a swing I'll try to get a good entry on AMD. I've been trading it up and down for 2 weeks now. See my ideas. At 108 I said it should get rejected and fall back to support. We are at 103.XX now. I ideally want 99-101 for a long entry but I don't think there's too much selling pressure here anymore. Watch it above 104.60 for a breakout. We all see the flag on AMD daily chart: Follow and like this idea for more insights. Welcome to join my community! Thanks for reading.Longby kingdipsUpdated 6
AMD @ flag trendline & 200 SMA. Next major demand zone 85 to 88If you remember my post from earlier this/ last week, my max dip on NASDAQ:AMD short term was 96-97. This is exactly where we're opening today. Expecting a small reversal that which the strength of will wholly depend on CME_MINI:ES1! CME_MINI:NQ1! AMEX:SPY NASDAQ:QQQ 200 SMA bounces are usually very strong. When price starts heading below this SMA, you should start to be cautious. Of course, sometimes there's a mini fakeout under the SMA and right back up. Watch this critical level here.Longby kingdipsUpdated 7
📈 AMD back @ flag's top trend. Watch for breakout/ rejectionJust a recap of this trade so far: Posted this @ 108 calling for a bearish rejection. After it failed to bounce from 101-103, I was certain it'd head over to 95-98, or the bottom TL at most. When we hit the bottom TL, I called for a buy signal @ 95. Will tag all these for proof. Now we are at the top TL, which is the ultimate PT from 95. We hit this in 2 days. +10% in 2 days. That's right. When you wait for swings to come to you, you will make the most money. Here's the alert @ 95-96: We waited a week or two for this perfect bounce. That's the best way to swing. One way to swing is to buy, buy more, buy more, and buy some more. Another way, is to wait for the right moment and wait for the trade to come to you. If you miss it, you miss it. All good, there's tons of trades on the market. NASDAQ:AMD NASDAQ:QQQ AMEX:SPY NASDAQ:TSLA NASDAQ:NVDAby kingdipsUpdated 229
AMD, Buy opportunity Uptrend Passing of a level after breaking a descending trend line , is a very good opportunity for entry to position. Around 93 can be a good place for setting a sl.Longby pardis3314
AMD Falling Wedge Breakout - BullishWe traded AMD for over 100% leveraged profits a few moths ago. After hitting both our targets it made its way back to support to give us another great opportunity with a perfect RR. Check out our older trade and it's perfection. This trade is less convincing than the last, however the stop loss level is clear as there would be no reason to hold the asset below that support. Longby SynergyTradingSetups1
$AMD - Can it breakout this time?NASDAQ:AMD is trading inside a descending wedge and recently rebounded from the 200DMA, base trendline, and 50% retracement. Currently, it is testing the upper trendline. If it can break out, there is potential for it to reach $120. The direction will likely depend on tomorrow's payroll data, which could lead to either a breakout or a rejection.👀by PaperBozz1
AMD Descending Wedge PatternAMD has been trading in this descending wedge pattern. On the bigger time frames it remains in a bullish uptrend. Held up by Fibonacci Speed Fan 0.618 amongst a confluence of horizontal levels. I expect a reversal to the upside is imminent if it can breakout out of the wedge. Longby NoFOMO_222
AMD Technical analysis - Repeating trend?It looks like currently we're facing two resistances, if trend repeats as the previous one we could enter to another uptrend. I have pointed out what could be a good entry point after pass both of them as well as possible take profit points based on Fibonacci Extension. Any feedback is very welcome. Regards. Disclaimer: This is not investment advice and is intended for informational purposes only.Longby TecnexDarkside2
AMD a few outcomes here IMO 🔭scenario 1: bounce from this cluster support to 109.75 🎯/trend resistance then downtrend continues scenario 2: we finally break trend resistance and see a very quick rally to 120.68-130.77🎯 boost and follow for more.. thanks 💙Longby Vibranium_CapitalUpdated 8829
$AMD Quarter 3 (Q3) AnalysisAMD is playing out as planned since the initial Q2 prediction with a dip into the buy zone. I’ve been saying that AMD is an excellent buy opportunity under $100, and the bearish August and September price action has helped to send AMD down to this price level. I have $158.53 as a key price target for Q4, and I believe that AMD will form a new all-time high afterwards. Long-term I think AMD will be a $400-500 stock. The yellow trendline has been acting as a support level and AMD just formed a bullish bounce off this support. The red trendline will act as short-term resistance on the way up.Longby realchartchamp3