Well... I posted this on X.... I believe we close between the 20DMA/20EMA and gap down and flush tomorrow...
Hello everyone, happy Monday. Here I am presenting my idea of a strong bullish continuation by NASDAQ:AMD going into tomorrow's earnings. Despite the already strong momentum upwards, I believe we see further buying action after tomorrow's earnings into the lower $200s along with strong buying action across broader tech in $PYTH:QQQ. I believe both these...
Intel reported second quarter earnings on Thursday, showing a return to profitability after two straight quarters of losses and issuing a stronger-than-expected forecast. the stock rose 7% in extended trading. Here’s how Intel did versus Refinitiv consensus expectations for the quarter ended July 1: Earnings per share: 13 cents, adjusted, versus a loss of 3 cents...
AMD is consolidating really nicely after making new highs in late January. Surfing the 20 EMA on the daily chart as well. This will be a top focus for me heading into next week.
This scenario is VERY tricky, let me explain why it could go either way, drastically. I'll separate the bull/bear ideas. The nasdaq looks like it could bounce off the BB bottom for a decent recovery, but, it's to see what happens tomorrow. Reasons for Bull Rally This month inflation report is cooler. With a lower CPI, markets will anticipate a 50 basis...
Refer to my prev AMD post back in Jan for credibility - I predicted run to 158-165 when it was in the 130s (result: ran to 180s). Now we have a buy the dip opportunity after earnings sell off. There is still too much demand for this to tank yet, it wants one more high (at least). Path to targets is the solid black line. Bullish channel its respecting is the...
incoming pullback imo. 5-7% pullback before then of February. History doesn't always repeat itself but it does frequently rhyme. Refer to AMEX:SPY 6/15-8/17 ... Good luck everyone . From here I'm taking puts to $478 , calls at $478 to 20 DMA retest, consolidation for about a week... $483 Short until $470... Buy $468 for March run....
Advanced Micro Devices (AMD) has been rising non-stop giving us excellent pull-back buy opportunities since our December 12 2023 analysis (see chart below): This time however it has gone as close to the top of the 18-month Channel Up as it has been since the beginning and is printing the same peak pattern it has formed during all previous Higher High...
Uber Technologies Inc. (UBER) has seen significant growth in the past year. The ride-hailing and delivery platform’s shares have skyrocketed 111% in the last 12 months1. This return not only far outpaced the broader Nasdaq Composite index, but it also means Uber is now hitting fresh all-time highs1. Here are some key points to consider for a long position in...
AMD - Currently down 50% from ATH starting a position for long-term. Looking to add at levels of support indicated in cyan. Big bids at 59-50 and 34-29. Short-term trend change if yellow zone gained. Targeting orange around 100 for profit taking. Looking for new ATH on gain of purple.
Advanced Micro Devices ( NASDAQ:AMD ) emerges as a compelling investment option poised for significant growth in 2024. As the demand for artificial intelligence (AI) and graphics processing units (GPUs) continues to surge, NASDAQ:AMD 's strategic moves and recent product unveilings indicate a promising trajectory. We delve into the factors driving NASDAQ:AMD 's...
Chart update, charts linked. If you're buying long after 171, I warned you. Orange is Support and future rejection trend. If we close the week over 137.09 bullish. 39 gonna hit you like a truck if you're not out before the drop (Feb/March maybe, time frame is hard to predict, but I assume the drop ends sometime around May or June.)
If you've been following me with AMD, we're pretty much out at this point, as we've been targeting the trade since 93, and there isn't much point to miss a few extra percentage points on the topside at the risk of losing all or much of the profits. HOWEVER, there are still trades to the topside, as far as trades heading to the bottom side. Marked in thick...
... for a 3.33 credit. Comments: High IVR/IV (104.5/60.1) earnings announcement play. 3.33 credit on buying power effect of 6.67; 49.9% ROC at max; 25.0% at 50% max. Delta/theta 2.68/4.65. So, far TSLA earnings was a small loser; the jury's still out on NFLX (but it's underwater) ... . Third time's the charm?
Advanced Micro Devices (NASDAQ: NASDAQ:AMD ), a prominent player in the semiconductor industry, recently experienced a sharp decline in its stock value following a weaker-than-expected sales forecast for the first quarter. Despite outperforming analyst predictions in the fourth quarter, AMD's stock slumped as it provided a cautious outlook, particularly for its PC...
The Big 4 Earnings today - THE RESULT ✅Google ✅Microsoft ❌Starbucks ✅AMD See the chart for reported vs estimated and how the price finished up today ▫️ NASDAQ:MSFT a clear leader ▫️ NASDAQ:SBUX missed expectations on both fronts ▫️ NASDAQ:GOOGL & NASDAQ:AMD try to hold ATH
Have an ER strangle on AMD. Looking to exit the puts tomorrow near 150-155. Have been playing strangles on earnings this season. Will update this tomorrow.
The EUR/USD pair is currently trading near 1.08501. The pair has been experiencing some bearish momentum, with the near-term technical outlook pointing to a build-up of bearish momentum1. However, the USD has been struggling to find demand, which has helped the pair hold its ground1. If you’re considering a bullish position on EUR/USD, it’s important to monitor...