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$AMD Analysis, Key levels, and Targets $AMD Analysis, Key levels, and Targets It is time to just be prepared on all levels… I’m labelling this long because these are my levels were I will be accumulating… I don’t accumulate haphazardly, I have very specific levels… So even though I’m not doing anything right this moment, my levels are marked and ready to go…. These moves could have the potential to be really amazing and huge, but also really devastating if you don’t know what you’re doing or don’t have an ability to average down if necessary… I don’t have a position right now, but will post when I do… and it shouldn't be long because honestly this is starting to look really attractive here… IF you trade this let me know your thoughts…. I’m going through my entire stock list this week (definitely longer than a week) so sorry in advanced for blowing up your emails… This is where the opportunities are at, y’all… —- I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading. IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
NASDAQ:AMDLong
by SPYder_QQQueen_Trading
2
SOXL / SMH - CREATING A BULLISH REVERSALBACKGROUND: SOXL (3x ETF) created a great reversal pattern back in JUNE - JULY 2022. It's tempting to ignore it because it ultimately failed on 8/26/22. Nonetheless, it was a great technical entry point when the price broke above $17. CURRENT PRICE ACTION: The reason I'm pointing out what happened in JUNE - JULY is because SOXL ETF is forming another BULLISH reversal (early stage) having just passed above last Friday's (9/30) high and entering back into the $9.50 - $10.50 range. The two previous reversals (8/26, 9/13) had failed. Yet the job of a trader is to not HOPE or PREDICT, but rather TRADE the signals and MANAGE RISK ACCORDINGLY . GAMEPLAN: I'm watching if the price closes above $10.35 (approx.) within the next few days. I'm anticipating some price action around this level. Any close above $10.35 can follow with some pullback. In fact this is a GREAT entry point for the bears if we were to follow trend alone. However, the reversal that happened from $9.50 and the bounce that's happening on the NASDAQ (potential double bottom) can signal a potential reversal in the market (short-term). There are two potential bullish reversal scenarios: 1. Straight up(rare) 2. Chop sideways and build a larger reversal base (as happened in JUNE - JULY) LOOK-OUT FOR: What comes out of the FED emergency meeting. As mentioned in my previous post on the status of the DOW JONES - I think the analysts at the FED see the same. The FED will either blink and change its' stance or the market is taking another big leg down... Be safe all and thank you for reading.
AMEX:SOXLLong
by andremkv
2
SMH - TECH Welfare @ $282 Billion / $25B Tax Credit PerNancy and the Gang anxiously await the Senates Taxpayer handout to the Industry. Po Nancy, $107 Million simply is not enough for her and Pablo the Shark Tank Drunk. Nancy had to gobble $341K in losses on NVDA after exiting her 25K Shares in a loss due to slime lights a shinning. Bravo, add 3 zeros and it's all good. Everyone should lose a hand. Preferably, a head. __________________________________________________________________________ They'll need to expedite this Grift Gift as China's warned off the Carrier Group as well as Fancy - show up and it's going to be "A Dangerous Moment"... Nancy risks our young men and women in the Navy with harm's way... Don't give it a second thought. Saddle up and please take the rest of the House and Senate with you. Create a Threat to National Security... Risk Lives, Profit from it as a matter of course. Shut up Hoi Polloi, we didn't ask you, we decide - you obey. ___________________________________________________________________________ The insiders in and outside the Beltway can't wait to get this Theft to the House and wrap it up for August recess. Qui Bono, you ask? Intel, TSMC, and Texas Instruments - direct Jing. Fabless chipmakers like Nvidia and AMD will not be left out in the cold. They will receive "Scientific Grants out of the $230 Billion in free money for "Innovation." It is quite likely the following Companies will join the Grift eventually: Micron Technology Inc. (MU) Amkor Technology Inc. (AMKR) Camtek Ltd. (CAMT) Analog Devices Inc. (ADI) Although these ladies doth protest too much, it's an irresistible deal... free money. We'll see $175B in Tax Credits gifted when everyone joins the Semi-Orgy. You and me - we get the Bill @ $457 Billion. Enjoy or do something. ps. - IMF: Russian economy doing better than expected
NASDAQ:SMH
by HK_L61
8
$SOXL Analysis, Key levels & Targets $SOXL Analysis, Key levels & Targets This, without a doubt has been one of the most exhausting positions I have on right now…. But that is the nature of 3x leveraged instruments…. I have 310 shares, with an average of 21.61 and I am 34.72% down. SO, for anyone that remembers this strategy from last year… the next add will be to double my position at 7.48. I don’t have the 7.48 order set yet, but I have alerts at $10 and once it hits 10 that order will be in… From here my sell target is 35.74 —> looking for a 65.39% profit…. And of course that target will change if the 7.48 double target triggers…. Looking at stupid Willy, there is still room and I can see a real possibility of 7.48 hitting… but it doesn’t have to…. Looking at some semi companies, a lot of them are looking to test their 200MA on the weekly, but also they are hooking upward at their weekly 180EMA so I’m comfortable with my position here. If you’re playing this one with me - now you know how insane my tolerance for volatility is…. Happy trading, y’all… On a side note: what's your favorite Semiconductor company? I trade AMD and ON, and I track NVDA —- I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading. IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
AMEX:SOXLLong
by SPYder_QQQueen_Trading
19
Bullish Near term to 558-590Expectation is bullish until end of May, then bearish in June to complete corrective wave. Some confluence here using Elliot Wave, Harmonic Patterns, and Gann: Primary EWT count gives recent completion of corrective A, next stop B. The details of this primary count are below: - Impulse began 9/24/2012 (not shown) at 31.17 - Wave 1 completed 3/12/2018 (not shown) at 234.88 - Wave 2 retraced 55% of wave 1 and completed 12/24/2018 (not shown) at 122.64 - Wave 3 was a 271% extension of wave 1 and completed 6/1/2021 (not shown) at 637.80 - Wave 4 retraced 25% of wave 3 and completed 10/18/2021 at 535.01 - Wave 5 was apprx = wave 1 (97%) and completed 1/3/2022 at ATH 731.85 - Wave A completed 4/25/2022 at 449.50 * Wave B will likely extend to 557.35 (0.382 of A), 590.68 (0.5 of A), or 624 (0.618 of A) ** Wave C will need an update given the realization of actual level for B, however, based on the confluence (provided below) it is likely wave C will complete around 416 (0.618 of A) coming off wave B at around 590 (Alt. ABC Count (not shown in chart) would indicate the ABC already completed at A = 466.06 on 3/14/2022, B = 574.79 on 3/28 2022, and C = 449.50 on 4/25/2022; however, the subdivision count for this alt wave C is not convincing and it is more likely that level is the A of the primary count) Confluence (supporting primary count): - Projected minor bearish harmonic to complete D at corrective wave B level - Projected major bullish Cypher (half shown, begins X in October 2021) will complete D at corrective wave C level - Descending Gann fan off the wave 5 (All time high) showing lessening capacity for price (change in price to downside) to keep up with time (i.e. 1/1 angle about to be penetrated in favor of testing the 2/1 resistance – which will suggest wave B occurring in the time frame of 5/13/2022 – early June 2022). The price would then likely drop to test the 1/1 angle by end of June 2022 to complete the C (if rejected at the 2/1, thus completing B) - Ascending Gann fan off the wave A swing low indicating price is staying in the upper section of fan and keeping up with time to the upside (exceeding it actually, which is bullish near term) - RSI showing bullish momentum to take the price to Wave B Not financial advice, but if you are curious how I am playing this: - May 20 505 calls, hedge with May 13 450 puts (3 calls: 1 put). Will take profits if RSI crosses bearish or if price reaches 550s - May 27 535 calls to let ride to potential wave B target of 590 - IF the near term bullish scenario plays out and those calls print I’ll be watching for price to drop below 507 and look to enter July 450 puts to play the drop to projected wave C in the lower 400s - Love this company, love how the LRCX calls and puts move. Ton of doe to be made leveraging these swings!! Sincerely, Severus Snape
NASDAQ:LRCX
by JerryManders
1
SOXL close to a strong supportSOXL tracks the performance of the thirty largest U.S. listed semiconductor companies. The semiconductor space is still hot, but the companies in the leveraged Direxion Daily Semiconductor Bull 3X Shares (SOXL) didn`t performed well against the inflation and raising interest rates recently. I think SOXL is now close to the strong support of $21, pre-pandemic level, from which it can bounce to the $36 resistance. Looking forward to read your opinion about it.
AMEX:SOXLLong
by TopgOptions
1
$MRVL Long Idea - Wyckoff accumulationMarvell Tech Bull case : Wyckoff accumulation pattern with 78 resistance , expect some digestion there and then it's on Phase E where I see 90 and first price target in coming months (green arrow) Bear case : rejected at 78 and "double top" , it's at least back down to test rounded base at 70 zone, break there and it's back to 60 support... Today's flow was very bullish with a buyer of 1/20/23 90 calls and 6/17/2022 77.5 calls . I think this rally is just getting started and my bias is to the upside , I'm long .
NASDAQ:MRVLLong
by FriscoTrades
1
$AMD Semis need to lead for bullsThe bull case is still in play as AMD although down considerably from 165 high , is still holding strong support at 100 and currently trading above its 200MA AMD has been building next level of support at 113 with a recent thrust to 124, which makes sense considering the 200MA is a VERY important level for the bulls and bears alike. So long as AMD holds 100 , and continues to find buyers 113 zone, my bias is for a breakout of this downward channel to the upside. A break below and there will be bigger issues , i.e. I'd imagine this will only happen if the market is down considerably from a catalyst event (although inflation, rates, war, supply chain issues, all have yet to cause a mass liquidation so I'm not sure what will... Nuclear War ? I pray not ) I do know for sure that any melt up that does occur, I would be looking at AMD / NVDA / SMH / MU to be strong movers to the upside. Let's see ! I'm long April calls and will add so long as we hold 100
NASDAQ:AMDLong
by FriscoTrades
Advanced Micro Devices (NASDAQ: $AMD) Is Down 36% From ATH PriceAdvanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. Its products include x86 microprocessors as an accelerated processing unit, chipsets, discrete and integrated graphics processing units (GPUs), data center and professional GPUs, and development services; and server and embedded processors, and semi-custom System-on-Chip (SoC) products, development services, and technology for game consoles. The company provides x86 microprocessors for desktop PCs under the AMD Ryzen, AMD Ryzen PRO, Ryzen, Threadripper, AMD A-Series, AMD FX, AMD Athlon, AMD Athlon PRO, and AMD Pro A-Series processors brands; microprocessors for notebook and 2-in-1s under the AMD Ryzen, AMD A-Series, AMD Athlon, AMD Ryzen PRO, AMD Athlon PRO, and AMD Pro A-Series processors brands; microprocessors for servers under the AMD EPYC and AMD Opteron brands; and chipsets under the AMD trademark. It also offers discrete GPUs for desktop and notebook PCs under the AMD Radeon graphics and AMD Embedded Radeon brands; professional graphics products under the AMD Radeon Pro and AMD FirePro graphics brands; and Radeon Instinct and AMD Instinct accelerators for servers. In addition, the company provides embedded processor solutions under the AMD Opteron, AMD Athlon, AMD Geode, AMD Ryzen, AMD EPYC, AMD R-Series, and G-Series processors brands; and customer-specific solutions based on AMD CPU, GPU, and multi-media technologies, as well as semi-custom SoC products. It serves original equipment manufacturers, public cloud service providers, original design manufacturers, system integrators, independent distributors, online retailers, and add-in-board manufacturers through its direct sales force, independent distributors, and sales representatives. Advanced Micro Devices, Inc. was founded in 1969 and is headquartered in Santa Clara, California.
NASDAQ:AMDLong
by Bullishcharts
3