Hello traders and investors! AMD is flying, and this might be a reason for some people to get nervous – those who are in, and those who missed the opportunity. Let’s calmly analyze AMD through a technical view, and see what we can do here.
First, no, it is not a good time to buy . Regardless of what AMD will do next, the Risk/Reward ratio is not good right now...
AMD has been rallying and with the chip shortage and increase market share by the company revenue continues to increase and debt levels for the company is dropping. $120-125 price range is foreseeable.
AMD has provided us with amazing trading opportunities over the past several days. Largely in part due to it's breakout to ATH and surpassing $100 for the first time.
This has been quite a large breakout, giving us a nice and tight bullish channel on the lower timeframes. Of course, this rally has to come to an end at some point to form a larger bull channel....
This stock has been way too hot. Which is awesome, my calls printed every day this week. However, it's likely do to reverse, and this is due to possible volume exhaustion on the stock.
How to tell if the stock is approaching V.E.?
1- Gap up on the chart. From Tuesday to Wednesday the stock made a considerable gap up on the daily chart.
2- Huge spike in volume....
Gamma Squeezes in TSLA, SQUARE and AMD provided cheap entertainment for the
Chasers.
The Indices closed on the LOWs - Exclamation Point.
IT IS DECISION TIME.
Traders are beginning to unravel the mysteries of the RR Market at the
FED.
The Treasury has announced it will take "Extraordinary Measures" as Congress
enjoys 6 weeks of break. Evictions began in...
The results of the recent quarterly, and a really low price compared to its fair value are literally bending the long-term indicators for the stock.
From miracle viewer the curve of investments carried out by long term private investors has passed in less than a day from SELL to LONG
The quarterly results have already flown in recent days AMD that unlike INTEL...
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Recap: Steadily increasing semiconductor demand due to current shortage will...
Advanced Micro Devices (NASDAQ: AMD) continues to extend to all-time high and the structure remains incomplete to the upside. Since it formed a low on May 14, 2021, it has rallied higher to a new all-time high and so far the rally looks to be only in 3 waves. Up from May 14 low, wave ((1)) ended at 95.41 and pullback in wave ((2)) ended at 84.24. Wave ((3)) is now...
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Looks like a 5 wave completion and ABC correction waves in process (A complete, and B in process and about done imo). Looking for a C wave down in a 5 wave form. Seen a good bit of option flow come through on Friday indicating some call selling taking place.
Hourly demand zone in this 91-92 area and is where I would be happy to cover and I am bullish AMD long...
AMD wicked right off of the 100% fib extension after 3 consecutive days of insane bullish momentum... This is also the exact height and price range from the May 13 (bottom of cup) low to July 7 (upper lip of cup) high. Textbook target price of a cup and handle breakout has been reached.. This extension level is most likely the end of this breakout move in the...
Hello traders and investors! Let’s see how AMD is doing today!
First, we are triggering a bearish pivot point at $ 87.45 , along with the 21 ema, meaning we have more to correct.
The correction came with volume lower than the average (I always like to use a 21 ma in the volume too), and this means that this is just a pullback, despite the bearish...
Already +20% gains. Long/Strong until TP hit. Buy/Hold . Tech sector outperforming market. Buy at Market and exit at +35% gains. PT Bulls is $125 USD Aug/Sept 2021. Best strategy for Bulls is to Buy at Market SL 5% , TP is $125USD , +35% gains.
