With look of the RSI and this ascending wedge it looks like we're headed back down to support. Whether that holds or not will tell the future of this bull run.
### Company Summary Advanced Micro Devices, Inc. (AMD) is an American semiconductor company based in Santa Clara, California, that develops computer processors and related technologies for business and consumer markets. While initially it manufactured its own processors, the company later outsourced its manufacturing, a practice known as fabless, after...
Holding over night. Do not have to to elaborate in detail www.investors.com
This week short covering should be a bit muted compared to next week. A lot of open positions will be closing next week and all sub $30, vast majority sub $26. Should make for a nice squeeze with the amount of volume! Entry point= $30( or therabouts) Exit Target by 9/20=$41 Exit Target by 9/21=$37 Options might be a good play here if you know how to play them.
AMD looks very promising. just have to wait and see.
The old adage , buy rosh hashana SELL yom kippur, couldn't come at a more perfect time. Even the veterans on wall street like ART CASHIN stated that rosh hashanah buying began earlier than expected. That's bad news for anyone that held AMD. Why? well, for one, markets gone down in general so not good, second, AMD just had an incredible parabolic run and what did...
The Gaming Trade The gaming trade tracks gaming & esports stocks. With a combination of technical and fundamental analysis I attempt to provide the best ways to profit off of these companies in the stock market. My style is a blend of classical charting, candlestick reading, trend trading and a bit of price action. My decisions are based on how the daily,...
NASDAQ:AMD Very negative sentiment over the weekend. Overbought .Running on fumes .same people that lost it all with Bitcoin piled into this over the course of last week. You do the math.
I'll let you be the judge, we could see 40's easy. I won't be taking a position until after the weekend. Just wanted to draw something up and take a look.
Earnings report wasn't that bad really, just disappointing. The stock was already up 1000% at one point, and Bank Of Montreal owned 30% of the shares back in December 2017. I initially flirted with the idea of buying on Monday, or near the 78% line near the March/April consolidation area for $8.00ish, but decided against it due to the extent of the sell off. ...
don't feel like explaining too much. 27.17 LOD tomorrow Friday 8/14. 27.17 to 30.66 30.66 to 25. 25 to some retrace... 27? should be trending though so nothing major. after. Lots of sideways before "oversold buy ins start, target of 40 means last buy in point 2/3 of way to stop 15.87... last earnings report price.
Quick short. Was waiting for the signal. Just breached 80 on the RSI Smaller size on this
Rising wedge at the end of an uptrend is a bearish pattern. Momentum (angle of approach) cannot be sustained. I expect an overthrow above this wedge via a price gap up on market open sometime very soon. This will be a trap sprung on the bulls in which smart money will liquidate into and late buyers will be caught bag holding and help push the price down as they...
This is not a fundamental view though I am bullish on many of the XSD majors in the near term if the market supports the upside move. First, take a look at the AMD monthly ( ), all the way back to 2000. Using the Fib projection of the parabolic move in 2000 & 2006, our potential upside target in the current move would be at 37.5 level, with a linear projection...
Market participants who trade or invest in chip companies need to ensure that they're not mistaking cyclical market trends as permanent secular shifts. Remember that you're fundamentally investing in a commodity business, not a consumer staple. More can be found here: aff.whotrades.com
WELCOME TO DACAPITAL TRADING!! DAILY STOCK MASTER SIGNAL 1 HOUR Strong bullish movement after breaking channel 4 HOUR Small Pullback with an instant bullish reaction OVERALL Very bullish with a few small pullbacks LEVELS BUY AMD @ 30.10 SL @ 27.35 (270 Pips) TP OPEN, WE RIDE THE WAVE! „We will move our SL every day! Be patient! Enjoy our limited Content...
I took a short because it is on a key resistance area + a indecision candle has formed. Short @ 29.35 Stoploss @ 30.65 Take profit @ 27.40 Risk/Reward Ratio = 1:5 If you follow my signals or trading advice, i am NOT responsible for any losses. I am still learning and i am currently NOT trading with real money. This is pure for educational purposes. Happy...
Looks like a bullish flag. If we start to squeeze shorts there is definitely some upside potential. Keeping an eye on momentum indicators.