We finished 1 to 5 Elliot wave pattern and ABC correction, while in ABC correction market created Institutional candle and retraced to it that is our signal to buy and we are looking for market to retrace to 50% fib zone Entry Price:108 Target:128 Invalidation: 99
A detailed explanation as to why I believe AMD stock will double or triple in the next 12 months. See my other posts for my Elliot wave count.
Hello traders, it looks like AMD is finishing up its W-2 within a larger degree W-3. We see that price is approaching the .786 fibonacci retracement, and we have a positive MACD divergence. This is a great opportunity too add to your long positions. Soon we will be in W-3 of W-3, so that will be a very powerful move to the upside. Good luck traders :)
Hey friends, here is my longterm view of the AMD chart. On the smaller scale, I think it should bottom in the $80-$90 region and then begin the next leg up to $300+. I would be selling at 300 with the hope of purchasing back at the 150 level for the final leg up to 500+ before AMD enters a prolonged bear market where price can reach the same level it is today.
Hey all, I wanted to give a quick AMD update this morning. After today's price action, the structure of AMD's decline has become more clear. I believe we have 1 leg down to go which should bring us to the 106 region and fill the gap that was left behind. This will be good for AMD longterm, as it is not a a good thing to leave open gaps behind in the chart. I will...
AMD underwent the C-Wave drop that we warned about in our update a few days ago. C-Waves are generally the fastest moving and harshest waves, so it is no surprise that AMD fell about 15% in just 2 days. The speed and depth of the move even exceeded our expectation. In fact, this move was so steep that it difficult to come up with a clear 5 wave pattern down. It...
If you haven`t bough the January 2021 retracement here: Then you should know that on 2/2/2022, Toshiya Hari from The Goldman Sachs Group Set Price Target for AMD at $159.00. Looking forward to read your opinion about it. When it will reach that price target.
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
AMD had a strong 4th wave bounce after it's stellar earnings report. However, the stock turned downwards at a key resistance level. It appears that AMD is forming an expanding diagonal as the C-Wave of this A-B-C pullback. My ideal target is the 2.0 extension, which is $90, before we resume the broader uptrend.
AMD recently touched the January 2021 high and it`s oversold while the earning are growing. This dip looks like a great buy opportunity in my opinion. The buy area is between $95 to $105 The short term upside is $118 Looking forward to read your opinion about it!
I'd be playing AMD (and most semiconductor stocks) bullish until earning in early Feb.
We are long on AMD and have been adding positions ever since. It could enter into the big club: FANG MAT (Facebook, Apple, Nvidia, Google, Microsoft, Amazon, Tesla). Semiconductors play an important role in the present and future. We say Buy and hold for this one.
HI there AMD will go down to RED MA then bounce up again to test resistance level. Compare your ideas with mine
amd has been in an overall downtrend. definitely looking for more bearish movement unless the trendline breaks. keys levels -143 -141 -136 -134 -131 -128
SNIPER STRATEGY This magical strategy works like a clock on almost any charts Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading. It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave. The best timeframe for this strategy is Daily, Weekly and Monthly...
AMD has broken down back into the broader range and is showing relative weakness. If we can get above Fridays close we could see a move back toward the high end of the range and a breakout but if the near term resistance holds we will see a move down. Earnings will definitely be a factor but are still a couple of weeks out.
If AMD breaks the resistance, could touch the targets mentioned.