NVDA is rejecting near the $134-$135 region which is acting as the current resistance. NVDA has formed a descending channel that can be spotted on the 1hr, 2hr, 4hr and Daily time frames. We're currently rejecting off the top trend line and should reach $115-$120. However, if we break the over head resistance we head higher. I'm currently shorting NVDA on pull...
AMD is falling to the floor! Take profits getting smacked and some! Make sure to load up on the drop adn discount!
It’s that time of year again; earning session for US stocks. With so many other variables contributing to volatility in the US markets (e.g., inflation, Fed rate hikes, recession, oil prices, quantitative easing), anything out of the ordinary can result in huge moves in stock prices. This has already been witnessed in an early report from Nike (NYSE: NKE) last...
AMD Retested its previous Broadening Formation in the 1hr time frame we're SHORTTT!!! WITH $64 and $65 puts for 10/14/2022
AMD rejected off the top of it's descending channel and should see further downside. Currently holding $90 puts target price $65 1-2 month swings
$AMD has broken retested and made a big leg down to hit our TP3! This is why swing trades PAY we have been in this for 1month and like a week for more than 20%!
Chart analysis: AMD has broken support level at 71.97, expect going to next level of support at 65.09.
AMD is in a downward channel since Jan this year. Partly because of the Semiconductor issue. The current support level is an important level(75-77) for AMD. It has already tested this level twice. We would have to wait for the price to show us the direction. If we cross 78.5, we could take a long position with the first target around 83.5 levels. If it...
$AMD has broken and retested our entry and hit both take profits! WHAT A PERFECT MOVE!!! We are going to play the next leg down to finish this sequence @TP3, if there is a pull back! IF not then we set trail stops and LOCK IN PROFIT!
$AMD is forming a neutral triangle! the bias would be bullish but if price breaks the bottom trendline it can start a formation of a Head & Shoulders pattern and head down to complete a meaured move to TP2, wait for confirmation! Also mixed news is starting to come in bt more bullish than bearish!
$AMD needs to break the big resistance of $104 before it continues its rally back to 106+ no major news so far about the company and its products. Semis dipped after a market shifted its focus to energy stocks. i believe the semis and the tech stocks will continue to pull back, expect more pain until J Powell next meeting. For now, you might want to check out...
Loaded up on AMD puts for 8/12 $97 strike price 1.25 average cost AMD broke support of $100.74 and has a lower target of $95
IN NASDAQ, share price of AMD look to mature the current upward trend with in overall downward channel. Also, ABCD patterns also seems to complete here. Price might go down from here.
AMD has now reached the upper trend line in the daily chart of it's current descending channel. However, AMD has earnings coming up August 2nd so I'm not holding puts through earnings. Earnings expected to be announced after market close August 2nd. Looking at $93 puts 3 weeks out 9/26 puts if we fail to close above resistance. Doing quick put scalps today and...
AMD is approaching the top trend line of the descending channel and will be ready to be shorted if it fails to break the upper trend line of its currently daily descending channel.
AMD should reach $80 where I except a bounce up to $93 if we break below $85. Current play $86 puts for 7/29 selling once $80 target is reached. Once $80 is reached I'm buying $81 calls for 2 weeks out. Current 15 min formation rising wedge waiting for a bounce off bottom trend line.
The entire sector is showing the same bullish wolfe wave pattern at the same time that it was reported that Pelosi added 11 million USD in shares of NVDA. There is a daily wolfe wave setup that triggered on July 5 closing day at 75.20. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is...