Pendant forming on AMD here right before earnings. Big play regardless of direction, but my bet... It bounces off this support line it's currently on.
So much confluence, volume profile looks ripe and similar to previous capitulations, looking so good.
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
A chart for AMD showing bullish activity and price entering a major channel A phase like this has been seen previously and has been marked with corresponding colours A giant falling wedge is the culprit for the recent bullishness One more final move up until top at 1.272
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.
Hello Friends, here is a fresh AMD update. Unfortunately, the outlook is not good right now. For me, I am expecting a final move down to the $86-$92 region before we resume the uptrend. I think the sweet spot will be $88, because this will be the .236 retracement. AMD is very volatile, so large swings like this should not be surprise. For now, I will wait for my...
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...
AMD gave us a clear 5-wave impulsive move off the lows, what happens next is very important. This could be an A-B-C with a final low yet to be struck, but the probability of that has decreased dramatically in my opinion. Right now we are topping in the B-wave. Expect the C-Wave to bring us to the 117-110 level. I will be initiating a long position at 117. Price...
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.
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!
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.
$AMD Stock review for the upcoming week NOTES: -Currently trading at $138/s -It is testing line B -IF AMD moves up and breaks the like B it will continue to $144/s LINE A easily -IF AMD breaks LINE A in uptrend, it will test the resistance line as well -Currently no RSI Divergence at 1H mark to notice
Looks like people taking profits, which is typical for the month of December. I'm buying in this area. Resistance/Support Line Colors: Red - Heavy Orange - Moderate Green - Intraday
$AMD Technical and notes NOTES: - The stock has had tremendous uptrend in past year. - We are seeing record high numbers. - Earnings are strong for the company. TAKEAWAY: - As charted, the uptrend is continuing but there seems to be a squeeze as it reaches the Resistance line. - WATCH the resistance line price. - Stock should continue to Resistance line and...