Exciting developments are underway as Vulcan Forged PYR (PYR) makes a notable exit from a significant accumulation phase. The charts suggest a potential retest of the upper boundary of this range, setting the stage for a breakout with a target of $50 by the end of 2024. Let's dive into the details of this emerging opportunity. 📈🔍 PYR's Accumulation...
💡 Pattern: Falling Wedge 💡 RSI: 57 Neutral 💡 Risk: Extreme ✅ Resistance: 28.4 ✅ Support: 22 PERFORMANCE 🔴 ST: NEGATIVE 🟢 MT: POSITIVE 🟢 LT: POSITIVE *ST: Short-term | MT: Mid-term | LT: Long-term Verify it first and believe later. WavePoint ❤️
💡 Pattern: Falling Wedge 💡 RSI: 58 Neutral 💡 Risk: Medium ✅ Resistance: 196 ✅ Support: 174 PERFORMANCE 🔴 ST: NEGATIVE 🟢 MT: POSITIVE 🟢 LT: POSITIVE *ST: Short-term | MT: Mid-term | LT: Long-term Verify it first and believe later. WavePoint ❤️
NASDAQ:SMH could be a big beneficiary "if" interest rates level out or even start dropping. This Cup w/ Handle formation is also about a 2 year base suggesting that if / when it breaks out, it could have a big run. All TBD. See Notes on chart for more of my thoughts. Ideas, not investing / trading advice. Comments always welcome.
Advanced Micro Devices (AMD) rose on its most aggressive 1W green candle last week since May 22, as it tested and closed above the 1W MA50 (blue trend-line), which is the long-term Support. This MA level was also tested and held on the week of May 01, which shows that the market has a clear buy zone, despite at times the not so encouraging macro-economics. Last...
These are the updated Keylevels for AMD on weekly chart.
Dear Investors, AMD is showing a strong buying signal after good fundamentals this year. this could be your opportunity to invest in a low-risk high-reward trade. you can contact me for more info on why this is a good trade & give you a strategy on how to manage this trade and close it in the best scenario possible. you can check my old trades too to get an idea...
The AI train of AMD is showing a bullish trend with a cup and handle pattern.
AMD in a rising wedge Short setup with risk-reward ratio: 8,7 Entree, stoploss and exit are on the chart.
here is a technical analysis description of AMD stock, observing a double bottom pattern, indicating a potential rebound: AMD Stock Technical Analysis: Double Bottom Pattern Advanced Micro Devices, Inc. (AMD) stock has been in a downtrend since the beginning of the year. However, in recent weeks, it has formed a double bottom pattern, which is a bullish reversal...
AMD expects to sell $2 billion in AI-powered chips next year, as it attempts to catch up to rival Nvidia. Advanced Micro Devices (AMD) shares leaped more than 9% Wednesday after the company said it expects to sell $2 billion in AI-powered chips next year as it attempts to catch up to market leader and rival Nvidia (NVDA). The company, which reported...
Advanced Micro Devices has had an enormously bullish day as a natural result of yesterday's better than expected earnings and this rise closed the session almost at the top of the Channel Down pattern. This was enough to turn the 1D timeframe bullish (RSI = 59.297, MACD = -1.230, ADX = 33.876). This however isn't yet a long term buy signal buy for the first time...
I expect AMD in the second half of the November at $86-87 and probability of the bounce will be quite high because: - there's a level at $86-87 - EMA 200 is expected to be at $86-87 - down trend line at $86-87 - RSI will meet the level at 40 Globally I would expect AMD at $74 in the mid of April 2024 and after this the trend should be reversed and go up.
With Er just around the corner this is my vision for AMD earnings. The breakout failed only because market sentiment.
Dear Traders and Investors, I'm sharing with you this analysis on AMD to tell you to close your position if you're holding a long trade, as you can see in the chart, the price pulled back on the 0.5 level of the fib and gave us a confirmation, now it's heading towards the 0.6. For further question, don't hesitate to ask!
This is my live analysis for SPY and I want to go long once price touched $424 levels and the logics are explained in this analysis. NOTE:WAIT FOR THE RIGHT OPPORTUNITY
NVDA Intraday long levels following news related drop // ATR: 15.86, Beta: 1.68, IV: 50.39%, RVOL .89//Bias: Neutral-Risk On// Price at time of publish: 440.84
As you see here on the daily chart, we are bouncing off of a weekly trendline. We are also forming a bullish flag pattern on the weekly chart. So, I would look for a price break above the trend line on the daily chart with heavy volume and look to hold for a few days. This is a beautiful play.