AMD entered the Buy area on oversold level predicted here: AMD Q1 2022 Earnings: EPS $1.13 vs $0.91 expected Revenue $5.9B vs $5.2B expected On 4/25/2022 Raymond James Upgraded AMD from Outperform to Strong-Buy setting a price target of $160.00 I think a reversal to $102 is most likely. Looking forward to read your opinion about it.
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.
AMD just pullback to a major FIB retracement level. IMHO, it is going to consolidate and stay within a range for awhile.
For the past week we’ve been saying how the Semiconductors #SOX and NASDAQ-100 #NDX continued to not only trend in the same direction but their expansion between each other was evident of liquidation pressures continuing. These were even more evident as the 50 day moving average and 200 day moving average became dominant components of resistance. Nothing good...
Advanced Micro Devices Short Term - We look to Sell at 102.78 (stop at 111.05) Preferred trade is to sell into rallies. Previous support at 100.00 now becomes resistance. 20 1day EMA is at 107.00. Short term oscillators have turned negative. Trading close to the psychological 100.00 level. Our profit targets will be 74.92 and 69.10 Resistance: 100.00 /...
Advanced Micro Devices Short Term - We look to Buy at 101.31 (stop at 96.59) We look to buy dips. 100.00 continues to hold back the bears. Trading close to the psychological 100.00 level. We expect a move higher in a corrective sequence, targeting Fibonacci retracement levels. Our profit targets will be 114.62 and 123.06 Resistance: 120.00 / 145.00 /...
AMD so far has completed 3 waves within this larger degree W-3, within an even larger degree W-1. Now, the uptrend is becoming exhausted, and the stock needs time to rest. Personally, I have sold covered calls against my AMD position to preserve some of the gains I've made over the last few weeks. I will be interested in adding to my position in the 112-115 level....
GOOD EVENING, 1)we are below the VWAP .👌 2)the inverted order and strong condensation of the 4EMA.👇 3)bear divergence confirmed by STOCHASTIC .💪 4)protected by the last resistance. 💪 all these indicators say sell in a loud voice. so BUY and open your wallets.🤑 GOOD LUCK.❤️
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
AMD is having a nice little start to the day. Will pickup a few and maybe hold them over the weekend!
Advanced Micro Devices - Short Term - We look to Sell at 99.06 (stop at 103.51) The medium term bias remains bearish. We look for losses to be extended today. This move is expected to continue and we look to set shorts at good risk/reward levels. Short term oscillators have turned negative. Previous support located at 100.00. Our profit targets will be 84.22...
Advanced Micro Devices - Short Term - We look to Sell at 120.45 (stop at 126.99) Preferred trade is to sell into rallies. Prices expected to stall near trend line resistance. 50 1day EMA is at 121.00. Short term oscillators have turned negative. Previous support located at 100.00. Our profit targets will be 101.28 and 85.50 Resistance: 120.00 / 145.00 /...
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...