ENTRY: 44.00 TP: 41.00 TP2: 38.00 TP3: 35.00 SL: 47.00 Chart time frame - 1D Time for reaching TP - 1-3D Follow, Like, Share or Comment Thanks on supporting! All best!
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.
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.
Graph is showing a lot of bearish indicators. Cant say for sure when it will correct but due to the low volume, we can expect at least a correction at $40.
We have reached levels of Dotcom with revenue growth cut by half. I think it's time to sell.
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 is severely overbought. It was downgraded in price this morning saying that fundamentals are overvalued. Red boxes are down gaps to fill. Ready for shorts or Puts. - BEAR FOOD Looks for plenty of time to enter safe and exit safe here. Competitor NVDA is looking stable, so probable that funds seeking chip coverage (not ETF) will go to NVDA not stay in AMD...
TD Sequential showing a green 9 and stock price is also close to fib resistance level.
Working into the 37-43 range for the first time since 2006 where a massive trend reversal occurred. High chance it is about to have major trend reversal in this range. For perspective, this is a stronger trend reversal zone than the first bye bye AMD setup linked below. Zones are general exit/entry areas, lines are levels of interest for reversal spots. Red...
As explained in the Chart Abbreviations; NS= No supply DW= Demand Wave RFSB= Resistance from Supply Bar SFDB support from Demand Bar SLK= Stop Loss killer SLKB= Stop Loss Killer Bottom DB= Demand Bar EVRB= effort vs Result Bottom My Mentors and Inspiration Volume Analysis - Oleg Alexandrov Money and risk Management - Dmitriy Lavrov-
Harsh rejection every time it touched pink resistance. Will this time be different?