This is an update to my last post on AMD I don't see this stock breaking $60, but I'm holding my shares till $57/$58...i think it can inch a little bit higher until its earnings. Moving forward I'll be looking how this stock moves and how big these candles get. I'm satisfied with what I've accumulated so far, so if i sell a little too late and lose $2 or if I...
AMD on the weekly has hidden bullish divergence so I wouldn't be surprised if this goes to new highs but I do believe its time for a pullback. History repeats itself.
Please make sure to like if you find this idea helpful and always do your own DD as this is just my opinion. For those that saw my AMD idea on January 11th before the market began to crash, I had showed that I expected AMD to get to around $20 with the 2020 market crash. AMD ended up heading to around $59 before it headed down to around $36. The recent recovery...
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 Bull Legend Downgrades to Junk $58 Calling Market Crash
Waiting for price to pull back to our buy area of $49.50-$51. Looking to exit at $55.00 zone.
Hoping AMD stays in this area, fib at 54.66, watching closely, will re enter some more positions EOD depending on several factors.
My intuition tells me it's not. I think the Fed will be able to keep the stock market afloat for another 2-3 months (unless CoronaVirus goes really beserk), and AMD will reach new highs in the $55-$60 range as indicated by my completely arbitrary, diagonal line.
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...
Here is the AMD 15min chart. Downgraded today by an analyst, just 1 thought. Watching here looking for an entry EOD on Friday.
Hello all, great bull run yesterday! I think we are looking to get back into trend but all the Tariff talk can make any stock in the S&P 500 a little scary. We will probably be back in trend soon. Keep an eye on AMD.
Using simple strategy by calculating average prices: At March 2020 it coul'd be 44