I will be shorting $AMD to the $40 and going long after to the range of $120-$140.
$AMD has been battered and bruised in the past few weeks as the semis led the downtrend. Earnings are this week. A close above the 8EMA (red line on chart) may suggest a trend reversal for the overall market. Until the semis start leading again, expect more sideways to down action. Given the history of $AMD's reports, we expect a beat. Guidance will be key given...
- on the weekly chart : the price sees another red week under the majore resistance level - on the daily chart : a clear selling signal given to us by today candle - personal opinion : the price will go down again after that 2 past green days due to the big momentum from the sellers - best move : hold if you got a selling position open or do nothing if you dont ...
So much confluence, volume profile looks ripe and similar to previous capitulations, looking so good.
Last week it lost the $100 support level and has been selling since. I wanted to see a retest of $100 as resistance and rejection, so we can try to ride it for another leg lower. I am only looking at this to the downside. Targets: $85 , 73.50
AMD (Advanced Micro Devices) stock price has been in a weekly downtrend, and is currently seeking a lower-low in the price. If quarterly financial earnings and news this year are not satisfactory, AMD stock price could test support levels to the downside. Bearish Price Targets: $85, $75, $65. Head-and-shoulders chart pattern confirmed, loss of $100 price...
Hello traders and investors! Let’s see how AMD is doing today! First, in the 1h chart, we see a strong bear trend, and there’s nothing indicating it’ll reverse. As long as we keep seeing lower highs/lows, we can’t say it is a buy. However, AMD has a few key points that if broken, it could trigger a reversal. First, we have the 21 ema, working as a resistance for...
Us markets I am a 14-year-old demo trader in England don’t take this as finical advise I am still doing my gcses get a guru or professional to tell you what to. Market preview Going into this trading week stocks should continue to fall during this bear market and talks of a recession increase as the possibility of the fed being able to perform a soft landing...
Potential long term (2+ year) equity play AMD looks to be in a cycle wave 4, with wave 3 following the path of the pitchfork perfectly since 2018. It is now approaching the 1-STD from the median line, which coincided with the 78.6% retracement of the previous sub-wave 4 to sub-wave 5. There could be a good opportunity (25 R:R) to go long in the low 80's with a...
cenario 1: a bullish trend after a flag pattern, Target range: 152-165 Scenario 2: a cup and handle pattern(not a classic one): target price 145-160 Scenario 3: a bullish regression channel (-3,+3) Scenario 4: A possible Bull trap (crossing above previous resistance) + Down Volume Phenomenon in the past 8 days! * Down Volume phenomenon: Price increase + volume...
We can see AMD had a breakdown of the rising wedge and re-tested the demand line, flipping it in a resistance. Would like the 1.618 Fib support to hold for the Weekly Hidden Bullish Divergence to form.
It is in my humble opinion TSM is looking at a rather large drop looming ahead - symmetrically the pattern meets the harmonic qualifications as well as the elliot wave theory macro wave iterations. It is possible TSM will make a small shoulder before breaking the $100 price level - should it break this level and close below I believe it will be a swift fall to...
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
$AMD broke daily cloud. Can rip to 128. Bought the 124 call 4/1/22 for 1.65.
SPX daily bouncing on a massive cloud. This is an absolute must hold for the market...
Hope this helps with basic analysis. I believe that AMD is in a bearish pattern AS OF NOW. Now I believe that AMD might bounce back after it reaches the key 84.86 retracement.
Hi All. Upward trend is now breaking for the $AMD stock, it is OVERSOLD and a green DOJI appeared. 1. Using the Heikin Ashi candles we can see a green 'doji' appear yesterday, which was then followed by a flat bottom green candle today. THIS INDICATES A BULLISH TREND HAS STARTED. 2. On the RSI, this stock is now OVERSOLD. As shown by the circles, the last time...