$AMD - The Drop Zone$AMD is looking like it's primed for a drop as it enters the supply zone. by theapearmy112
AMD is approaching resistance (daily chart)AMD, like many semis, has been on a rip lately. However, it appears to be in a resistance zone at a Gann confluence line at 100.13 (like SMH and many other semis), which is also where it turned back earlier. The RSI(9) is overbought. I would see it going back to prior Gann line at 91.23. That line is also near the top of a bullish Ichimoku cloud. Perhaps a buy there, but I would be cautious about buying semis after April, since we may be entering some seasonality. by UnknownUnicorn131011
AMD: ROAD TO $100$AMD has left the descending channel and close above the 50 daily MA. Now with BoC signaling interest rates cut in the next meetings, Fed will certainly not keep the same hawkishness after the positive US economic data too. Let's see what we get for Q4,2022 earnings report, 31 January 2023. Will update this by then. SL: below $60 should be fine TP: $ Longby MronejrUpdated 9
A larger ABC will take this to $20/share in the near futureDouble top, crab, bat, you name it. Watch it reverse. This game is built on 2 emotions - fear & greed. Shortby carefulRhino97368Updated 5
AMD AMD(98.3) made high of 101.7 to the Speed Fab Golden pocket and now on the Inv.H&S neckline support 1. can retrace to 96.55-->95.41-->91.9 to play puts 2. watch for 102 .3 break out to for callsShortby Gowdru5
Watchlist 2023-03-22 FED decision $SPY $TQQQ $SQQQ $AMZN $AMD $TSPY - flat looking into today's rate decision with consensus expecting a 25 bps hike, however still some other forecasters expecting a pause of 0 bps. This means that volatility will be incredible if there is a surprise pause but the FED has not made a rate decision against consensus in the last 12 months. There are a lot of key resistance levels over SPY including the PD high, 200 EMA at 399, and 400 key level. 394 is the next key support. If 25 bps - unclear what the initial reaction will be - wait for levels to form after the 2:00 announcement and follow the trend on pullbacks' if price action is confirming thesis. If 0 bps - bullish thesis- get in asap IF price action confirms, hold until price is extended. If there is a fakeout about a key SPY level like 400 and price hold below, consider trimming position of getting out completely. Bullish Products: - Bank stocks $TCF $ALLY $KRE- showing the most strength the last trading session and TFC has the most room to the March 14 pivot high have the most RR to the - Tech - $TQQQ, $AMZN - huge unfilled void above 101 coming from a daily buy setup and showed relative strength PD. Bearish Products $SQQQ $AMD - rejected the 98.75 pivot and then showed relative weakness yesterday to the market and even the other semis $SMH rallied Reasons to exit - bullish price action is muted, wicking, can't get past and clear levels, wait for a larger pullback for better RR. For a trend day we'll need to see the $ADD pinned near +\-2000 and $VOLD ratio over +/- 3. by UnclePennybagss1
$AMD 1W: Head & Shoulder TopRejected .886 @ 98.86 W-shaped harmonic completed, also a simple H&S... textbook Target: 30sShortby kyletradescontracts4
AMD | Line DrawingThings to have in mind: I've graphed a few historic values that most analysts have in their notes. Advanced Micron Devices, Inc. reports their earnings 05/02/23 AMC: I'm anticipating the market will buy the surprise. The %B is at a good value to "signal overbought". Shortby HGCRD5
Sell signal in Advance Micro Devices Sell short and stay in the trade for few weeks.Shortby AtulGoswami7
SELLAMD- now in huge sell area. This price range is multi sell area in all high timeframe (6 month chart, 3 month, 1 month, weekly... ) Shortby orimichaeli1
AMD AnalysisPrice played out nicely as analyzed last week, giving us a 18.35% move to the upside. Price invalidated the bearish POI at 90.90 and is heading towards the buy-side liquidity built in early August 2022. I'm expecting a potential bearish retracement coming soon after grabbing the buy-side liquidity. Longby Keeleytwj1
AMD bullish move? - $AMD continues to push higher, along with the broader tech sector, amid overall market strength. - AMD broke through its tough resistance at $90 and is currently closing around $97. - Technical indicators are signaling that it's overbought, so don't be surprised if the stock pulls back. Bulls need to hold AMD above $85-90 to continue its bullish momentum. - $AMD average price move per day is $2-$6 per day depending on market volatility. - Below are my price levels for AMD. Calls: buy above 99.69 sell at 103.69+ Puts: Buy below 94.99 sell at 93.29 ================================================================= SIDE NOTE: - make sure that you setup a price alerts on those key level so you wont miss the move. and always to take your profits as you see one. - sometimes, the fist 30 minute after of the opening bell is always volatile. is either you can catch the move there. or wait for an 1 hour for better or cheaper price. - as always if you have any question feel free to leave me a comment here. if you're enjoying my ideas please don't forget to follow me or give the idea a boost or like. thank you see you all soon. Longby CHRIS_B580
$AMD: Long term trend is up$AMD is a leading chipmaker that provides processors for various applications of generative AI, such as ChatGPT, Bing, and Bard. Generative AI is a technology that can create new content based on existing data, such as text, code, images, and music. ChatGPT is a generative AI model that can write prose, code, and much more. It has been hailed as the most powerful and unpredictable technology of this generation. Generative AI has the potential to revolutionize and expand the creator economy by enabling new forms of expression and innovation. It can also improve efficiency and productivity in various sectors by automating tasks and generating insights. By adopting generative AI, chatgpt can transform the economy with higher efficiency, which allows economic growth despite slowing demographics long term. $AMD benefits from this trend by providing high-performance chips that power generative AI applications and platforms. $AMD seems ready to rally steadily from here, long term trend is up and we should participate on the upside with low risk entries like this one. Try to not miss out on this one. Best of luck! Cheers, Ivan Labrie.Longby IvanLabrie4
long position on AMDMy strategy is based on price action with the reading of certain indicators that I like while respecting all the values that define the stock maketLongby batchangoyves2020
Market structure go down wave 4Today, the market is expected to lower the price at 92.82 to 91.62. The market has made an increase at the highest price, and if the market wants to make an increase, it needs to make 1 decrease in price to expectations. In wave reading, it is market wave 4Shortby XtraderPair112
AMD Offers Way to Play the Relief Rally in US EquitiesPrice action in broader US equities—the S&P 500 SP:SPX and the Nasdaq NASDAQ:NDX in particular—has been tricky over the past few months since the October 2022 lows. SPX for example rallied off the 2022 lows into early December 2022 and it staged a false breakout above the bear market's most predictable trendline, the down trendline from all-time highs. The December 13, 2022, FOMC killed that rally, and and price fell back, rapidly retracing the prior rally's gains. Next, price rallied hard again in January 2023 into early February 2023. Price broke above the December 2022 highs in both the Nasdaq and the S&P 500 but failed back below that breakout point. This typically would be a bearish signal, and it was—after showing choppy stalling action between 4100 and 4200, SPX's price fell further for nearly the entire month of February 2023. Now, price seems to have found a low and is rallying once again. This does not mean the bear market is over, and this has been analyzed and explained in prior SPX posts . AMD may be a good way to play the relief rally in US stocks. AMD has been forming a series of higher highs and higher lows since its low on October 13, 2022, which coincided with SPX and NDX's 2022 lows as well. AMD has shown extraordinary strength despite an ugly macro environment. It rallied 62.98% from October 13, 2022 lows to February 2, 2023 highs. Setting aside the multitude of macro reasons to be bearish (including the ever increasing Fed Funds rate expectations and market-pricing of terminal rates), AMD's price action shows the potential for short-term or intermediate-term upside before weakness strikes equities again at some point. Yes, many reasons exist to be bearish, and SquishTrade is certainly not calling for new all-time highs or a new primary uptrend. Instead, this presents a swing trade opportunity. AMD faces major technical resistance at around $90 and $100, which is shown by teal-blue rectangles on the Primary Chart (above). Fibonacci resistance also shows confluence with these supply zones on the higher timeframe view. AMD also formed a trading range for this current consolidation starting mid-February 2023. Today, it broke above the range. Sometimes, breakouts are followed by retests, but the strength shown today across the equity space makes it unclear whether a retest may occur. Use risk management and try not to chase especially with imprudent sizing. This will be important to hold into the close. Supplementary Chart A: Breakout of Trading Range The Primary Chart at the top of this post also reveals that AMD broke above a key Fibonacci level today at $80.89. This will be important to hold into the close as well for the bullish view. Just overhead lies the VWAP from the prior swing high in early February 2023. Today, this anchored VWAP lies at $82.03. Be mindful of how price responds to that level. Price could pause and consolidate at that level, or also at the .618 retracement levels. Price also has formed a bull flag. This does not guarantee a breakout, but it tends to support a bullish case as a consolidation pattern. This is shown on Supplementary Chart A. Here are the remaining price targets based on Fibonacci and resistance / supply zones: 1. $82.00 (most conservative—VWAP from prior swing high shown on Primary Chart above) 2. $82.43-$83.97 (conservative) 3. $85.48-$89.00 (moderately aggressive) 4. $96.55 - $100.00 (aggressive) ________________________________________ Author's Comment: Thank you for reviewing this post and considering its charts and analysis. The author welcomes comments, discussion and debate (respectfully presented) in the comment section. Shared charts are especially helpful to support any opposing or alternative view. This article is intended to present an unbiased, technical view of the security or tradable risk asset discussed. Please note further that this technical-analysis viewpoint is short-term in nature. This is not a trade recommendation but a technical-analysis overview and commentary with levels to watch for the near term. This technical-analysis viewpoint could change at a moment's notice should price move beyond a level of invalidation. Further, proper risk-management techniques are vital to trading success. And countertrend or mean-reversion trading, e.g., trading a rally in a bear market, is lower probability and is tricky and challenging even for the most experienced traders. DISCLAIMER: This post contains commentary published solely for educational and informational purposes. This post's content (and any content available through links in this post) and its views do not constitute financial advice or an investment or trading recommendation, and they do not account for readers' personal financial circumstances, or their investing or trading objectives, time frame, and risk tolerance. Readers should perform their own due diligence, and consult a qualified financial adviser or other investment / financial professional before entering any trade, investment or other transaction. by SquishTradeUpdated 9
AMD - Double Bottom Formation [MIDTERM]AMD has broken through the ceiling of a falling trend channel in the medium long term. This indicates a slower falling rate initially, or the start of a more horizontal development. It also gave positive signal from the double bottom formation at the break up through the resistance at 78. Further rise to 94 or more is signaled. AMD has broken a resistance level in the short term and given a positive signal for the short-term trading range. AMD has broken up through resistance at 84. This predicts a further rise. In case of negative reactions, there will now be support at 84. AMD is overall assessed as technically positive for the medium long term.Longby wavepoint990
Symmetrical Triangle//Rising WedgePrice is sitting on the 50% retracement. Earnings 5-2. Short interest 2.14% No recommendation. Targets 1, 2 ,3 and 4 have been met. This is not oversold or overbought at the present time. There is a small RSI Divergence accompanying a Bearish Rising Wedge. The Rising wedge is not valid until the bottom line is broken and it is not broken just yet. Divergences often travel with Rising Wedges )o: Also possible cup below the triangle and maybe inside and over the triangle as well. by lauralea2
AMD -> It Is Over For Bears!Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that AMD stocks currently looks extremely bullish in my opinion. We just broke above a key down-trendline, we also created and already confirmed a weekly double bottom and the next resistance area at the $105 area is quite far away so from a weekly perspective I just do expect more continuation towards the upside. On the daily timeframe you can also see that with today's candle we are breaking above a previous daily resistance area, so I am now just waiting for the retest and some bullish confirmation and then also the daily timeframe looks ready for the next rally towards the upside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset: Long02:23by basictradingtv404062
$AMD $AMD not financial advise just study. Seems to be forming a right shoulder and at the same time a broadening formation with few gaps to be filled under at $70 and $64. like and share if this study helps you! Remember is just a study not fianancial advise. Thank you Alex! by alex6666661
$AMD push to $99?After some cooling $AMD can make a handle and push its way to $99 The whole chip space has been FLYING recently so some cooling before another run can be good. $AMD definitely a market leader right now.Longby nah02
testing boophitting resistance after good run, short it. with options sell an OTM call spread.Shortby Prutsor1