We can set 2 entrys to this strat, 1ST now ($45.21) assuming price will fully respect the long-term support and 2ND entry with the old min trying a duble floor. SL 1ST Entry: $42.83 SL 2ND Entry: $41.94 OBJ: Old Max $65.11 Long Term Invest
Taking a look at today, and the days ahead for AMD.
Good Risk vs Reward Time to begin accumulating ?
So as predicted again. WE got the consolidation under resistance on the daily and finished the day choppy and without a decision on where AAPL wants to go. That is represented in the Spinning Top Candle on the daily where buyers and sellers tried but no one won. We didnt get the usual AAPL pump but with so much overhead on the chart it couldn't be done without...
This stock has taken a beating since its event and purchase of $XNLX and it retested that support, bounced and broke resistance. My price targets I tried to mark out in this video, and alot of these are smaller so if you are scalping then pay attention to those big ones, and fill in on the smaller time frames. $AMD is a no brainer. Great CEO, profits, expansion,...
Td9 on the daily, previous horizontal support, fibonacci calculator setup, megalodon momentum and volume setups, and insider buying. Seems to be the time to accumulate.
We have the stock on levels of 2017, its a long term set up with a juicy R:R of 8.23 and a profit expectancy of 50%.
AMD Bullish triangle forming, should run up for earnings and as consequence of INTC earnings today if disappointing. Ideally buy friday at close for the next week. Should also retest the lower structure before trying to breakout. Dont rush, needs to cool off red momentum, wait for a clear signal of reversal. PT1: 88$ (feasible) PT2: 94$ (extended). Market is in a...
Dow Jones Industrial Average Index (DJIA) (October 26th through November 9th 2020) Low: 27,843.7 points High: 28,374.2 points May have been way too ambitious with my last DJI projection, have now since adjusted for short term just to see where we are for my own learning purposes. Thanks for tuning in :) Disclaimer, I am not responsible for any losses...
Based on Technical analysis, just hold for now before going log as per tentative bullish trendline or channel theory. Intel — Shares of the chipmaker lost more than 11% after Intel reported weaker-than-expected revenue for its data center unit during the third quarter. The company also reaffirmed the delay of its next generation chips. Intel’s overall earnings...
For INTC this week MACD turned positive and stock is above Fib 38.2% as of 10/15/20. High chances that it will close the week by staying above that level. This combines with AMD stock which has almost run out of steam (Check its MACD). There is high likelihood that INTC reaches its 50 Day MA next week (10/19/20 - 10/23/20) and also touch Feb 50% which might...
By looking at the daily chart, we can see the strong bullish rally that took the price from the March 23rd lows of around $44 to the June highs at $64, for an outstanding 45% increase in just couple of months. However, the stock didn’t stay there for long as a combination of a high profit taking interest and some further selling pressure took the price down again...
Technical Analysis INTC breaking out of a consolidation channel after its drop due to disappointing earnings. RSI confirming breakout; at 62. Intraday volume is above its 10sma average. 200sma lining-up with previous tested support. Breaking this resistance , would take us into next parallel channel. Attractive risk-reward-ratio at 2.5, placing...
Intel and AMD are basically only two good CPU manufacturers and they have no real competition, although I favor AMD, I am bullish on both these companies. I look to buy the break of $53 per share and take profit below $60 per share, overall almost 12% profit. Good luck with this trade! Tibor
Ichimoku kijun above cloud, chiku line turns up and away from price. bullish sign. cloud very thin meaning resistance and support both weak. lets see if there will be a breakout here. Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation. Personally I hold both long term long positions...
Since the massive selloff from their last ER, NASDAQ:INTC has formed a strong zone of supply (seller dominance) in the 52.2-52.75 range. while maintaining the seller wall, the buyer demand has been steadily increasing, creating an ascending triangle pattern on the daily time frame. Looking for INTC to breakout +52.75 for bullish confirmation. watching a break...
Intel just gapped down after its last earnings release as margins tightened from almost 60% last year to 53.3%. Trouble lies ahead as well since Intel’s 7-nanometer manufacturing is delayed which will give AMD a 6 month head start to eat away at Intel’s market share. Intel has responded by initiating a huge $10 billion stock repurchase program. This is in...