Hello Traders, welcome to this free and educational multi-timeframe technical analysis . In my last video analysis of AMD, linked below, I explained all the reasons for which I do expect the market to provide further continuation towards the upside and actually breaking above the neckline of the very obvious weekly double bottom. With todays price action, this is...
average price+volume in the rang trade Above the line vwap high probability to the trend breakthrough resistance line 1 and go up to the resistance line 2
Bearish price symmetry Looking for a double top correction Longer term charts for AMD, anyone interested
Despite recent headlines we've seen between the tech sector / supply chains & AMD having security vulnerabilities in their old processors, mind you the coverage has it backwards IMHO & detecting security flaws on older model processors IS NOT negative coverage -- as opposed to what every journalist / financial analyst writing for Benzinga or Bloomberg would have...
AMD one of the first stocks i traded, showing signs of a repeating H&S pattern, i likely return to the purple fib line before right shoulder is established, nice short. It goes against the momentum of the momemtum of the MA on the Monthly chart but i think a H&S squeeze can be fit in. Strong mirror resistance level at the top of the three peaks can be seen.
I believe tech stocks will prop the market up throughout this bearish action that can be seen. They will be the largest gainers during green days for the stock market, holding the market relatively steady in place. AMD can be seen to have formed a nice pullback which opens an opportunity for a long position. This is a great company with strong fundamentals and...
AMD SEEMS TO BE STUCK IN A SIDEWAYS VACUM. LET'S SEE IF IT CAN HOLD UP FOR SOME SHORT TERM ACTION.
A falling wedge has sparked a bull run on AMD, with a PT of 100 I think this is entirely plausible. Bullish MACD, 0.91 Pearsons R value and HUGE volume. Possible short term reversal at mirror level but I’m confident this bull run will continue. Various other chart patterns are present including a bump and run, and a broadening ascending wedge, which may lead to a...
$AMD still has room to grow and in the monthly channel. Long term target of $48 intact!
Normies in disbelief all jacked up on hopium. Fisher says it all.