AMD was forming a head and shoulder pattern which is started when it broke the resistance of $98 in Jun 2021 and till Apr 2022 it completed its pattern and it broke down made a low of $84 and again it retests its level of $98-$99 of resistance and came down. To become strong sell the rsi show close below 40 levels currently, it is at 41 levels. Sell below $90...
AMD looks dropping more with SPY.Stock market still going down which bring good stocks down to.
Fundamentals: AMD has some bullish news about their new GPU refresh lineup, so I decided to see if the chart matches. On top of that, their quarterly earnings report was very impressive to me. Technicals We have strong bullish divergence forming that I believe will take us to the trendline, if not higher. That is where I will take some profits and see if we...
AMD might be a challenger or a leader in some specific areas compared to the competitors like Intel and NVIDIA. But there is no doubt that it is one of few leaders in a semiconductor industry as a whole and it's here to stay. The question is - is time to buy the dip having a discount at nearly 50% from the historic high? Fundamental indicators: Revenue...
AAPL 1W I Last week we got a new low on AAPL. It is barely holding the uptrend on the monthly chart. Bearish below $150, bullish as long as the uptrend is held. AMD 1M I AMD is attempting to reclaim $100. The semiconductor industry is in a bear market, and unless AMD breaks from the downtrend we'll see more downside. QQQ 1D I QQQ managed to print a new low last...
An idea for AMD which suggests a pullback yet a support find above a major Trendline Price action is very interesting in yellow, as it moves around the top of the circle (2.618) White bars pattern is a guess of future price action (allowing support to be found at the Trendline.
AMD is trying to get by the 100 mark, there is a lot of pressure from both buyers and sellers. It might retest $100 soon
to 35 according to head and shoulders pattern.....
$AMD on daily Potential Cup and Handle (check next week for handle status) What are your thoughts? Thanks, Kelly
Short $AMD CMP $104.05. This one tried to bounce off of 200 SMA but failed. Today's big red candle is very big bearish sign that it will continue the downtrend. 20 and 50 SMA are nose diving on this one. It may hold $100 area but I am more inclined towards $90-$95 area support levels are more appropriate levels. Short Target 1 is $100 area. Short Target 2 is...
Advanced Micro Devices ( NASDAQ:AMD ) Sector: Electronic Technology (Semiconductors) Market Capitalization: 161.076B Current Price: $99.42 Breakout price: $100.00 Buy Zone (Top/Bottom Range): $97.85-$84.75 Price Target: $113.80-$117.60 (1st), $138.30-$141.40 (2nd) Estimated Duration to Target: 20-21d (1st), 38-40d (2nd) Contract of Interest: $AMD 5/20/22 100c,...
It is showtime for AMD. The so strong $100 psychological level. Not only it offered many times a good support and bounce, other times it offered a strong rejection/resistance. Now price is back at it. All it needs is another strong day in the indices and we might see a push above it towards 106 / 110
With good earnings and market bouncing, AMD can test last swing high within weeks. Bullish sentiment can push it to $120 before even slowing down a bit. Levels to watch: $100 --> $107 --> $112 --> $118
AMD entered the Buy area on oversold level predicted here: AMD Q1 2022 Earnings: EPS $1.13 vs $0.91 expected Revenue $5.9B vs $5.2B expected On 4/25/2022 Raymond James Upgraded AMD from Outperform to Strong-Buy setting a price target of $160.00 I think a reversal to $102 is most likely. Looking forward to read your opinion about it.
AMD is testing a long term trendline from 1984 and year 2000. It we can hold, I'd expect a move up. If we can't hold, then we could be in a downturn on AMD.
AMD among companies set to report quarterly results this week.