AMD trade ideas
AMD stocks experienced range fluctuations in 1.382 and 1.618AMD stocks experienced range fluctuations in 1.382 and 1.618 positions
This chart shows the weekly candle chart of AMD stocks over the past two years. The top to bottom golden section at the end of 2021 is superimposed in the figure. As shown in the figure, AMD stocks experienced range fluctuations in May and mid June of this year after retreating to 1.382 and 1.618 positions, following the 1.000 position of the golden section in the upper test chart! The weekly chart for the past two weeks has shown a long upward shadow and a steady downward shift in center of gravity! In the future, the probability of AMD stocks weakening is expected to return to the bullish starting point in May 2023 as shown in the chart!
AMD AnalysisPrice played out nicely as analyzed last week, giving us a 5.52% move to the downside. From here, I'm expecting price to continue lower to take out the lows at 107.08, and potentially into the bullish POI at 99.94 next. No changes to my original expectations.
AMD if its green it won't stay greenWith earnings not too far away and the stock currently floating between support and resistance i am confident we will see $104 and even $97 this week. I'm sure earnings will be great but again supply and demand to keep up with everything is still lacking in the semi-conductor sector. They've performed good now on the YTD chart and maybe we'll see AMD pop past $119 on earnings or could see some larger downside with a great opportunity to buy.
BatM Patten. Peak is lower than peak 1.
Room to run to the downside but patterns do morph.
I would call this short to 78ish or lower.
No recommendation
AMDBelow 107, short to 100 target.
If you place your 50sma and your 21ema you'll see where the 21ema is about to death cross. If AMD opens up anywhere near the 21ema I'll look to short with a 116 stop loss.
Also, watch SMH sector. The sectors is sitting on its 21ema right now and any break below that will cause a big flush
AMD 20% GAINS TO BE MADEClear trade set up.
Break of downward trend line and key support, backtest of key old support, and formation of an inverse head and shoulders.
Targets are set.
Will history repeat?Very particular price move. It trades within a channel for months, breaks up and then goes back to the bottom of the channel. Looks like is going to do it again. I bough some puts expiring on the 28th, I don't think the market is going to crash soon, but it's a way to cover all my longs in short term. I don't mind if it expires out of the money. I'm very long on other stocks.
AMD today pop and drop $119 to $115Expect a move to $119-20 and then choppy to down to around $115-16 with continued downside to around $110 by Friday.
This is based on my dowsing work. Levels have been pretty accurate lately, so we'll share and see what happens.
TRADE PLAN FOR AMD FOR PROFITSHi traders, its all about planning , From the chart we can see price is close to a support zone, a break of the support will take us to $99 which is good bargain but my trade is to DCA my entries, I will enter at $108 and wait for more downside or take my profits @ $120.
Tradehubng
$AMD look soo bearish. On the daily, there a cup and handle and first target would be 108. but my main target price is 104 around. i am trying my best to describe my ideas so ask me any question or follow
Digital and technical analysisWe notice that there is an increase in momentum and divergence on the tops, and that we are in a correction for the ascendant
$AMD Swing TradeNASDAQ:AMD Bands finally getting tight. Strong day today above the cloud. First target: $130.
Bought NASDAQ:AMD 126C Jul 28 for $2.51
AMD Macro focus In this AMD Chart I set a rectangle to focus on the range direction. I also set H Lines for the major ranges of focus which is highlighted priced on the right in blue. These lines are your major trend channels of focus.
$AMD Cup and HandleI see a cup and handle on NASDAQ:AMD
Charts saying in could pump 10% to $124 or possibly all the way to the high at $132.
Defiantly would watch it hitting the 200 SMA. This would be a great spot to take profits or exit the trade.
Stochastic RSI is also on the way up.
AMD AnalysisPrice playing out nicely as analyzed last week. We get a deeper mitigation of the current bearish POI, and price is showing a strong bearish signal. I'm expecting price to continue lower, potentially invalidating the bullish POI at 108.79, and mitigating the bullish POI at 99.94.
$AMD the 2nd fiddle fizzle?Looking at NASDAQ:AMD , you can see that AMD struggles to hold above $125. This brings up the question, "Will it be able to catch up to NASDAQ:NVDA ?" It appears that more time is needed. AMD remains a solid company with the potential to continue capturing more market share. Although AMD's chips are not primarily used for AI, it doesn't mean the company won't try to enter this race. Meanwhile, NASDAQ:INTC hasn't made substantial progress but continues to hold on to most of their legacy market share. Therefore, I like where AMD stands as it continues to close in on Intel.
Bullish Case - At present, AMD has tested the $125 level twice, suggesting that it is searching for more support. Let's see if AMD can find support and take a third shot at it soon. I see a great opportunity to monitor the levels to determine if we can make a lower high or accumulate below in a consolidation phase before breaking out to challenge the $125 level again.
Bearish Case - Let's be serious, there is a reason for this double top. It's time for it to make a significant pullback. It needs to pull back to the .618 Fibonacci level. Fine, bulls, you are in an uptrend, but enough of the parabolic move—let the ticker breathe.
Conclusion - Being below the CheatCode Swing 0 line favors the bear case to provide support in a commonly targeted area of Fibonacci retracement, yet looking at the CheatCode Squeeze momentum indicates a potential continuation of the bullish trend. This could leas to chop and indecision.
Bullish above $125.39
Bearish below $107.35
AMD - Rising Trend Channel [MID -TERM]🔹Breakout short-term resistance be POSITIVE signal with support at 100 and resistance at 130.
🔹Price increases on high volume and decreases on low volume.
🔹Technically POSITIVE for medium-term long-term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
AMD initial rebound upAMD had a pullback, but may be nearing the bottom and pushing up this week. Just a short TA. We shall see what unfolds here.
$AMD macd bull cross NASDAQ:AMD macd bull cross
i shown here how previously worked NASDAQ:AMD on same spot
