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...
Here are what I believe are key support areas and trendlines of AMD. IF AMD can not hold key support around 35$ it has the potential to fall to significant levels of 75%
Like and comment if this helps or you agree
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...
Do you want cheap and good stocks? I like stocks with the strong uptrend and $AMD is the one of them. So the share price is trading a little above the uptrend channel's lower bound and has a big potential for the further upside.
Strong Support ~ $30
Resistance LVL ~ $32-$34
Enter: ~ $28 - $30
Stop Loss ~ $26.5
TP : $50 and more per share.
I have the...
On my last post i covered why AMD is going to hit the the 24 USD mark, and then drop.
Well we went up slight higher, to 25USD and we began dropping.
So where does that lead us? If we look at the previous analysis we just finished C, and now we would go for the 1:1 extension of A-B which is slighty higher at 7 USD.
Beware bulls, its going to get nasty.
On the release of their recent announcement, AMD decided to make a move up. In the near term it should do a gap fill. My personal entry has been marked in red at .618 fib and the targets are the blue levels
My AMD calls have been monstrous for the past couple months so keeping the streak alive.
Long and short scenario. Either could happen.
The levels themselves are best places to enter/exit. But the zones around the groupings of colored levels are also acceptable.
We could hit the green zone, and pop to the orange zone.
If we go below red line at green zone,...
AMD is currently showing heavy amounts of retracement and entering the 0.382 zone. This is typically the bounce off region according to fib theory.
- 0.382 fib zone is the bounce off zone typically for most assets
- Bottom of kumo cloud acts as additional support and coincides with fib retracement level of 0.382
- 100 EMA acting as support as...
It was a nice run AMD. Time for reality to hit.
Targeting ~$20ish and potentially ~16ish for AMD.
Blue lines represent:
profit targets for shorts taken above OR good long entry spots
If shorts taken above, if stop loss is triggered, this whole trade set up goes out the window.
Price target has been raised to $25 by Cowen & Co.
Q2 results were strong, and now their biggest competitor Intel (INTC) is feeling the heat.
I have been long this stock for 2 months and will stay in it, as I see more upside to come.
AMD Bullish Pattern Forming (falling Wedge) And Has the opportunity to Break a long term Resistance line and form new target around $12.20
support line established at $11.89 if AMD breaks the resistance possible for new target around 12.20