boost and follow for more! ❤️🔥 AMD is breaking a local trend resistance but I wouldn't say it's time for parabolic rally just yet... we are still below an extreme trend support and long trigger, once we can reclaim those then 200-220 and maybe even higher will come and fast!
Back on March 13 (see chart below) we gave a bold (for the majority of the market) sell signal on Advanced Micro Devices (AMD), as we saw the stock topping at the top (Higher Highs trend-line) of its 2-year Channel Up: Our signal was delivered and the price corrected significantly by -37% and has almost reached the 1W MA50 (blue trend-line), which was the...
AMD's inverted head and shoulders pattern indicates a possible shift in market trends, but only time will tell. Furthermore, investors are eagerly awaiting the upcoming NVDA earnings report, which could fuel further speculation in the stock market. NASDAQ:AMD
AMD breaks above resistance from down trend resistance at support levels from Dec and January. Looks good for a short, long trade. Thoughts?
details are on the chart, bit messy on the colours but had to show my learning &idea to justify a buy opportunity for me, please correct and comment if you see anything diff. Here to learn and not to advice to buy or sell.
Microsoft plans to offer cloud computing customers AMD's AI chips as an alternative to Nvidia's H100 family of powerful graphics processing units (GPUs). Details will be provided at Microsoft's Build developer conference next week. Microsoft's clusters of Advanced Micro Devices' ( NASDAQ:AMD ) flagship MI300X AI chips will be sold through its Azure cloud...
down turn is drying out price has reached the fair value this week all the optimists from last week were scared sentiment is good today or monday I want to see a Wyckoff reversal I suggest to build up position in range 144,5$ - 140$ SL as on chart Exit probably 180$ somewhere, where the bitch scared me out of my down position
In an overview, I see a trend and correction that finished at 50-61.8 Fib Ret. It is coming back to new uptrend and in my idea it will start after passing of 165 level. Next targets has been shown in chart. If triggered, set a sure SL for your trading.
AMD breaking below critical support. - EDUCATIONAL POST - This is a POTENTIAL Trade Setup , an example of what I will usually do, wait for a break of the area, usually price has broken too sharply past said area to make a decent trade, placing an Entry at the 3:1 Minimum R:R Ratio, inside of a Bracket order, so when my entry is triggered, one ALREADY has...
AMD went on a good correction phase after touching a recent peak at 220 area following the market's long term trim action. Profit takers has swept the market even the top guns with the likes of NVDA, TSLA, AMZN, AAPL. Based on recent data, it looks like the market's correction has more-or-less come to an end -- and net positioning for most blue chip stocks has...
Bullish Biased on this one with or without the Earnings, but hoping for a template of reference elements to help navigate the journey of the future of this stock. While the path of the Stealth Icons should be self explanatory, the curved lines might not have meaning for the price action in the future but still should provide the broad idea I am looking for in...
Hello friends In AMD share, we see the formation of a pattern in the form of 123 or ABC. But due to the breaking of the $162 range, which was a static resistance, and a pullback to it, the formation of an impulse pattern seems more likely. Therefore, assuming a 5-wave scenario, probably the 4th wave has ended and the 5th microwave has started from the...
Amd continuation wedge momentum and bull flag can see NASDAQ:AMD Hit the 162/165 level in the short term this week and 180/190 level in the next few weeks. Add in NASDAQ:NVDA earnings and we could see a good pop . These are just technicals anything can invalidate them like fed actions or fed speak, tariffs, literally anything can invalidate them.
AMD is coiling ahead of NVDA earnings. I see it as a bullish pattern, but it can break either way. I like playing AMD calls over NVDA if I want exposure to NVDA earnings, but I would only do it with small size. Could also be a good day trade tomorrow if we run up into close, don't have to hold overnight.
Still waiting for AMD carve out it's B wave of ii. I am still tracking the possibility of this being all we get for ii, but as stated previously, I don't feel that is the case. I would like to see us create a basic 3-wave move up into the target box labeled B before falling again for c of ii. However, B waves seem to be complex more than simple. For this reason, I...
Hello everyone, happy Monday. Here I am presenting my idea of a strong bullish continuation by NASDAQ:AMD going into tomorrow's earnings. Despite the already strong momentum upwards, I believe we see further buying action after tomorrow's earnings into the lower $200s along with strong buying action across broader tech in $PYTH:QQQ. I believe both these...
Summary: Advanced Micro Devices (AMD) is currently demonstrating a strong bullish outlook, driven by several key factors that make it a compelling investment opportunity for 2024. Product Launches: Ryzen 8000G Series: AMD has introduced the Ryzen 8000G Series desktop processors, featuring advanced AI capabilities with Ryzen AI and the Zen 4 architecture. These...
After a -37.90% correction from the all-time high, price action confirms a death cross fakeout between the 55EMA and 200EMA on the 4H. It now has a solid chance of breaking through the 163 USD resistance, which would make me bullish on every higher timeframe as well.