AMD reversal???AMD possible short, important support/resistance at $74 with a rejection of trendline, could come down to $58 at another important support/resistance line and possibly new lows, comment ideasShortby Trader_Danny_113
some pretty bearish signs now 🐻drop a boost and follow for more! 💙 hard to be a bull at extreme RSI/trend resistance and when previous yellow support is acting as new resistance.. potential dip to 57-67 before next bullish impulse in my opinion, lets see what happens! 🔭Shortby Vibranium_Capital2217
AMD AnalysisPrice did not play out as expected due to the news last week. I was expecting a continuation to the downside after mitigating the bearish POI at 64.61. Price has broken market structure to the upside and the potential target for this up move is to mitigate the bearish POI at 85.68.Shortby Keeleytwj1
AMD: Hit a MAJOR RESISTANCE! What's next?• AMD is in a very strong bull trend, since it broke the $62 area, triggering an Ascending Triangle chart pattern; • Now, AMD is in a resistance area, as seen in the weekly chart (blue area); • This resistance area is a key point where AMD found support level multiple times in the past, and now, it is near the 21 ema as well; • If AMD does any weakness sign in this area, it might correct again (there's no clear top sign yet, but one might occur soon); • However, as long as it stays above the $62, the bullish bias would persist, meaning, any pullback would be anoher opportunity to buy, despite any possible short-term pullback in the next few days; • The situation is critical on AMD, so it is very important to keep our eyes open in this area. Remember to follow me to keep in touch with my analyses!by Nathan_Black5511
quick play possibly1. gap over prior day 2. expect return to previous high 3. over weekly I like this for a scalp..will be watching it during 1st hourLongby mellow_trader0
CrabM pattern that terminated close to the 1.1618. At a resistance level today. Long entry level would be a break higher through the R today. The crab is a price exhaustion pattern. I guess even sellers become exhausted. Be safe. No recommendation/The overall trend is DOWN/EL would be a break of that resistance level right above price. There are plenty more R levels above this so it will be a struggle every inch of the way. Dreams are for those who sleep. No recommendation. Resistance levels and support levels were made to be broken. It is some like a security can break and perhaps a momentum indicator can be key at that point?by lauralea1
Zooming Way Out on AMD's Chart—$55 Key Level of SupportZooming way out on AMD's chart shows that the vicious 1-year downtrend since the all-time high in November 2021 appears modest on a weekly logarithmic chart. The downtrend has retraced only .236 of AMD's uptrend since the major low on July 27, 2015. This seems like a reasonable spot for AMD to consolidate it's recent sharp decline over the past 10-11 months. It's clear that in the intermediate term, bulls need to hold AMD's price above $54-$55 or else the next major level to the downside comes into play. However, in the longer-term, it does not seem unreasonable to think that AMD could retrace 38.2% of its 7-year uptrend and reach $28.09, or perhaps lower looking out years. This update provides only a brief snapshot of AMD at the secular level of trend. One technical expert whose books guide this author's work says that primary degree of trend covers about nine months to two years on average. So this seven-year chart is definitely the next level of trend higher than the primary degree. Note that this weekly chart with multi-year levels are not intended as short-term or intermediate term forecasts. Instead, they merely provide a multi-year framework in which to view the recent downtrend. Perhaps the $55 level can be watched, however, in the coming weeks, especially with volatility around AMD's earnings next week or the FOMC presser. This level may be retested. If the level is broken in the coming weeks or months, the next major Fibonacci level becomes the target at $28.09. Interestingly, the weekly close last week was just above the golden VWAP from the April 4, 2018, low. If AMD can hold this level, it may bounce a bit more before resuming lower. by SquishTradeUpdated 212116
AMD Weekly Harmonic Elliott Wave AnalysisOverview: my last update of AMD was published on Oct. 23rd and since then I decided to only update NVDA on the usual weekly updates as I had the same perspective on both and they were basically doing the same thing more or less. Again my long-term view on AMD has been the same since my very first update (July 4th). On the update of Oct. 2nd, I came up with more precise target that AMD is going to bottom at 55.84 and the actual bottom happened on Oct. 13th at 54.57! Update: looking into the hourly chart, I believe that AMD is in wave III of (c) of I of A of (5). Is it possible that AMD has not yet bottomed and makes another X wave (as a zigzag) and a Z wave into the next year for new lows? yes it is completely possible, but very unlikely in my opinion. Same as NVDA, I think wave II is going to take a long time on AMD. by bamdadsalarieh224
"AMD" homework Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation. BUY 11.11% HOLD 44.44% Un balance 44.44% Analyst Price Target The average AM stock price target is 10.67 with a high estimate of 13.00 and a low estimate of 9.00. Institutions: 430 Institutional Holdings: 412.91M % Owned: 86.30% Shares Outstanding: 478.48M HIGH RS expected moving avg 105 High RS 2 "82" Reversal trend HIGh Reversal 72.23 exit lvl zone Un balance 66 cross 66 is bullish below 64 is bearish low support 1 "60" consolidation zone Low support 2 "54" Consolidation zone "LONG" Entry 1 54 exit 60 entry 2 57 exit 63 entry 3 66 exit 72 entry 4 68 exit 82 Chart pattern is Multi VWAP, Multi bottom Longby TWRTEAM1
another update, one last push before dump?⚡on October 12th AMD was at 57 and I said "we just need a break of 60 dollar round number resistance and some volume, after that I expect a quick rally to 67.29-71.59" since my targets hit and we are approaching trend resistance I thought I would do an update.. continuation to 78 area is very possible, and on the break of that trend resistance will lead to a parabolic breakout! but for now we should expect history to repeat, some profit taking from this resistance is likely, so longs should be a little cautious moving forward in my opinion... good luck! like and follow for more 💪Longby Vibranium_Capital20
November Gainers (AMD, account up 1%)9th gainer in November is AMD . Holding period is 49 days (9/23/22-11/11/22). Account up 1%. This month till today, my account is up 8%, average holding period is 24 days. My trading method is mostly short term and is independent of market swings. Will keep updating on my trades. Longby 1hour_trading0
AMD is nearing its major support of 55-59 $Best chances of a large bounce are if AMD test 55$ directly without much chopping around. I will personally start accumulating from 59.24$ until 55$ seeing very very high probabilities for a short term bounce upto potentially 70$ Disclaimer : Not a financial advice. Longby shivam94_007Updated 0
weekly looks like we will see selling1. looks like prime area to retrace and continue down 2. above weekly 3. above prior day 4. lots of bullish candles in a row 5. headed toward prior supportShortby mellow_trader2
"AMD" Homework Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation. STRONG buy 26.19% BUY 42.86% HOLD 30.95% Analyst Price Target The average AMD stock price target is 92.72 with a high estimate of 200.00 and a low estimate of 52 Institutions: 2.14K. increased institutions 836 SHares 63.91M Institutional Holdings: 1.18B New 194 shares 12.67m % Owned: 72.92% Decreased 635 shares 145.82m Shares Outstanding: 1.61B Sold out 270 shares 46.90m High rs 64.96 un balance 60.79 Low support 1 "59" Low support 2 "52"by TWRTEAM222
Ugly TopComplicated Head and Shoulders Price is below the neckline. There are multiple bottoms denoted by blue stars/look left. No recommendation. Short with bounces to the upside a long the way.Shortby lauraleaUpdated 15158
AMD AnalysisPrice finally reached the target hitting the bearish POI at 64.61. We see volume decreasing on the up move, and price building sell-side liquidity. I'm expecting price to go lower from here, taking out the sell-side liquidity and to further mitigate the bullish POI at 54.74.Shortby Keeleytwj6