It's high time we accept the new reality of the inverted reality. The week of July 25th was perhaps one of the most volatile in a long time. Why? We had CPI report, earnings, and Fed Rate Hike. What did volatility indecies like UVXY do? They sold off. It doesn't take too much logic and common sense to see something egregiously fraudulent is taking place when...
NASDAQ:AMD AMD has got a couple inside candles on the weekly. With Fridays close in the red we have a 22 Reversal AND looking for a revstrat on the weekly to the downside. Could go green but I like it short. Call swing idea: 101c > 99.25 - if price reverses here then grab 95p Put Swing Idea: 94p < 94.59 to swing for 8/26 85p to swing for 9/2 or even 9/16 - buy...
Neutral analysis of $AMD showing a Fib retracement from its pre-pandemic high of 59 to its all time high of 146. Notice how technically significant the 0.618 and 0.786 retracement levels have proved to be for support and resistance. $99.45 = .618 $81.78 = .786 This checks out fundamentally as well. $100 and $80 are psychological levels to buy and sell at (0.382...
If AMD can hold this level, it could go retest the 100 level. Now at horizontal support and EMA21 level. RSI in Oversold area. ATR is quite large so the R:R is not so good at the moment. Might also retrace to the 50EMA below. If the price hovers around the current area will consider longer term swings off the current prices, although I'll be looking to trade the...
Narrowing channel between 21EMA and 200EMA creating a pattern on 1D. Horizontal resistance also at play. need to break with strong volume and maintain the EMA200 1D as support for trend reversal confirmation
NYSE:WOLF The chart and indicators show the dramatic rise after earnings. The squeeze indicator is rising while the momentum divergence is increasing. What do you think- will WOLF continue on the uptrend or reverse?
$AMD is forming a neutral triangle! the bias would be bullish but if price breaks the bottom trendline it can start a formation of a Head & Shoulders pattern and head down to complete a meaured move to TP2, wait for confirmation! Also mixed news is starting to come in bt more bullish than bearish!
AMD cam up rather strong, but it is looking more like it is going to roll over here with the rest of the market in the coming days/week. Could be a good short whether it breaks down now or later. Around a 30% drop to lows. Break of the RSI trendline on the daily could be a solid entry down to the lows. MACD almost crossing on the daily, along with price being...
It looks like a bearish megaphone pattern for me. So I'm planning short with $72 as the target. *Not a professional recommendation or advice
NASDAQ:AMD AMD had a good run into the earnings season however news is that with the expected or present recession semiconductors as a subsector will fall a bit heading into the third quarter. The chart shows buy order blocks as a support are far less than sell order blocks. The MACD , a lagging indicator, shows the K/D lines crossing over the...
$AMD needs to break the big resistance of $104 before it continues its rally back to 106+ no major news so far about the company and its products. Semis dipped after a market shifted its focus to energy stocks. i believe the semis and the tech stocks will continue to pull back, expect more pain until J Powell next meeting. For now, you might want to check out...
Hello Traders! Here we can see the classic Bearish A.M.D. Notice the Asian high is broken first but we do not get a quick run to the Asian Low until after 3am. 3am is normally my cut off time to to indicate to me price has printed the high of the day above the Asian High(Not everyday does it happen like this). As an Intraday trader you should be focused on...
NASDAQ:NVDA Fundamentals- CHIPS in effect booms economy for NVDA as the USA tries to diversify from Taiwan semi-conductor dependence while China looms large Technical: Earnings coming ascending trendline with increasing relative strengh. Sitting on the support of the POC of the volume profile.
Check out the trade plan for AMD today based on the technical analysis. Hit the thumbs up if you like the content.
Loaded up on AMD puts for 8/12 $97 strike price 1.25 average cost AMD broke support of $100.74 and has a lower target of $95
4hr chart show peak AD/SToc and the 50 day moving avg is at $90 I do have a bearish put position
I am very bullish on NVDA even though we are in a FOOLS RALLY!!! We have about 60% upside from now until Febuary. I would like to hop into some shares around $166 and ride them up to my red shaded fib levels.