Waiting for the break of Support at $84 and down to $80 we go where I'll get calls. At the moment AMD $86 and $85 puts up 40% and 30%
AMD should reach $80 where I except a bounce up to $93 if we break below $85. Current play $86 puts for 7/29 selling once $80 target is reached. Once $80 is reached I'm buying $81 calls for 2 weeks out. Current 15 min formation rising wedge waiting for a bounce off bottom trend line.
AAPL I AAPL is up 20% from its recent bottom in June. It is forming a possible rising wedge pattern on the 4H time frame as it approaches earnings on 07/28. AMD I We caught the bottom on AMD a couple of weeks ago, now it is time to be cautious as it approaches key resistance near $90-$95. Reports earnings on 08/02. QQQ I We have a possible bear flag formation on...
We may have seen Apple hit a double-top from May's high of $151, which we hit again today. With a week of earnings, including Apple's earnings on 28th, it could go anywhere. According to their guidance they expected a slowdown, lets see how this plays out for their price. Per economic data, it fully supports a sell off but these big cap names is what is keeping...
AMD is in a descending channel it previously bounced off it's lower support and is targeting $88-$90. For the short term I'm buying puts at the $84.50 region for $83 7/22 due to AMD being rejected at this point multiple times as shown by the red circles. I'm holding puts until the support region of $79-$80 is reached.
AMD could get to the top of the channel around $98 before earnings, which is supposed to be on 8/2/2022. There're some gaps to be filled to the upside and the 50DMA could stay in the way. To me it looks interesting and worth to watch.
The entire sector is showing the same bullish wolfe wave pattern at the same time that it was reported that Pelosi added 11 million USD in shares of NVDA. There is a daily wolfe wave setup that triggered on July 5 closing day at 75.20. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is...
There is a daily wolfe wave setup that triggered on July 1 closing day at 53.65. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 84.69 which is expected to reach this price target before Sept 22. Projected...
AMD has entered into our resistance zone of $79-$80 and is ready to be shorted. However if AMD closes above $80.50 I'll close my short position $79 and $78 puts for 7/22 :) Key fact to remember is that AMD previously broke out of a broadening formation which it's lower support is acting as it's new resistance
Advanced Micro Devices Short Term - We look to Buy at 76.98 (stop at 72.75) The primary trend remains bearish. We are assessed to be in a corrective mode higher. The daily chart technicals suggests further upside before the downtrend returns. Trend line support is located at 76.00. Dip buying offers good risk/reward. Our profit targets will be 90.00 and...
$AMD has been trending down at a lower level ever since the market continues to pull back. Since then, $AMD picks ups a lot of short interest creating this downward move. The company's earnings have been amazing lately and continues its innovation for computer chips and probably expanding their reach to cloud computing and so on. a lot of big institutional traders...
I believe the semiconductor will drop significantly when earnings are released or shortly therefore after. The market complexions remain in danger and the charts are nothing to sneeze at when it comes to market sentiment and various unknown characteristics to global risks. You can find more on the related idea that I've linked below, which also plays into this...
OANDA:EURJPY AMD Liquidity Concept HTF Bias : Price range broken below and then retracement above 50% of TR - Strong Bearish trend Setup Patterns : potential HTF's POI. Imbalance/FVG @ 0.62 - 70.5 OTE level. Buy Side Liquidity taken out with Liquidity Void. A-B-C Bearish Reversal Setup & Entry Pattern (AMD Trading Plan) : SH + BMS + RTO...
$AMD has been battered and bruised in 2022. The stock is down more than 60% from the highs of last year. Any meaningful bounce in the overall market needs to start from this sector. Watch $AMD and $NVDA as overall barometers of the market. $AMD in particular is quite oversold and may offer a bounce up to $80 if the market gets more constructive during this short...
Looking for an extended (C) wave here in (Y) if we see this volume gap break through which is likely imo.
AMD 1D I AMD is testing support near our trend. We have a bullish divergence on the RSI and earnings coming up. If $70 holds we can see a relief rally into earnings. TSLA 1D I Attempting to make a higher low on the daily, but still looks bearish below $685. Support at $660 and $625. Resistance near $685 and $710! QQQ 1D I QQQ is trying to make a higher low....
AMD Bears in action, Active Head & Shoulders + Gap + Broken multi-year ascending trendline. Next potential support level acts at $73.19
AMD is on a really important zone here. if this breaks, its going to be a disaster for it. we can see 59-60. most of the semi conductor names like AMAT, NVDA or just semi etf SMH are pretty close to 200 weekly moving range. we might see it next week. MU reported ok numbers for this quarter but their guidance is awful. • They slashed EPS by 40% and REV by 20%...