AMD AnalysisPrice remitigated the bearish POI at 85.68 and reacted strongly to the downside. From here, I'm expecting price to head towards the bullish POI at 64.96, and potentially taking out the sell-side liquidity shown below.Shortby Keeleytwj1
Advanced Micro Devices Analysis 27.11.2022Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow!02:54by basictradingtv16
Recap : QuickTrade 194 on AMDThe price hit the entry level and then moved higher to the target and more. Max DD was 1%, EMA 21h as supportLong00:27by TizyCharts1
CRABI thought i published this I do not see it. The wide channel is down. Good luck. No recommendation Price needs to break R that is looming right overhead/The break up from the triangle got it there. Now the stock needs to move, Always on my mindby lauraleaUpdated 777
AMDMID-TERM: Falling wedge and support reclaim with a bullish bat + CBD on the weekly chart. (not financial advice)Longby Champion-Vibe3
AMD AnalysisPrice played out according to my analysis last week. Price has reached the target to mitigate the bearish POI at 85.68. Price could continue higher to fill the fair value gap at 83.46 before we see any reaction. Longby Keeleytwj3
AMD "homework" Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation. Strong buy 29.555 BUY 43.185 Hold 27.27% Analyst Price Target The average AMD stock price target is 90.42 with a high estimate of 200.00 and a low estimate of 54. institutions: 2.14K Institutional Holdings: 1.18B % Owned: 72.92% Shares Outstanding: 1.61B s3.tradingview.com High RS 85 Week Pattern RS 78.99 Daily pattern RS 75.59 Daily Pattern Un Balance 74.52 Daily Pattern Support 72.46 Month Pattern Support 67.88 Low Support 54 Make entry 1 72 exit 75 Make entry 2 74 exit 85Longby TWRTEAM3
QuickTrade 194 : AMDIn case of break.. Long, looking for a continuation high, after a positive test of the 21h on the 50h Short, looking for a bearish cross with first test on the 250hby TizyCharts1
AMD Weekly Harmonic Elliott Wave AnalysisOverview: AMD followed the proposed path of the previous update perfectly. Let's review the expectations of the previous update: AMD is in wave III of (c) of I of A of (5). Same as NVDA, I think wave II is going to take a long time on AMD . Update: the count that we had on the previous update is completely valid. However, based on the structure of broad market and NVDA, I now have a different primary count: wave I has peaked and we are in wave II possible developing as a double zigzag. I still believe that wave II is going to take time to complete. by bamdadsalarieh3
AMD: A TOP sign under a MAJOR RESISTANCE! What if it corrects?• AMD is stabilizing in a resistance area, as seen in the weekly chart; • However, the trend is still bullish, as AMD is still doing higher highs/lows; • From the previous top to the previous bottom at $70.16, AMD corrected nearly $10; • It is important to notice that the $70.16 (red line) is very close to the 1st retracement at 38.2%; • If AMD loses the 38.2%, frustrating the bullish reaction seen yesterday, then the momentum would be strong enough to drag it to the 61.8% near $64; • This would reinforce the top sign seen in the weekly chart; • For now, let’s pay attention to the $70.16, as this is the most critical point on AMD for now, in my view. I’ll keep you updated on this, as usual. Remember to follow me to keep in touch with my analyses!by Nathan_Black6
AMD Short - Friday 11/18AMD on the Daily Time Frame is showing a rejection on the 100 SMA (Wednesday 11/16) with a bearish candles on Thursday 11/17, I believe this will continue to test lower lows and on Friday 11/18 we will see a down trend on the daily & 4 hourly. Shortby ether7222
Resistance Levels Where AMD Could Fail in a Bear RallyPrimary Chart: Bollinger Bands (Yellow Shaded Volatility Channel) with Fibonacci Levels, Downward TL and VWAPs 1. As discussed earlier this month, AMD remains in a severe downtrend at the primary degree of trend. This means that the path of least resistance on higher time frames remains lower unless and until AMD can do a substantial amount of price work and recover into the mid $80s (the area of the downward trendline shown on the Primary Chart) and preferably the $100.60 level (the .50 retracement of the 2020-2022 rally). Supplementary Chart A: AMD's Linear Regression Channel Reflects Severe Downtrend 2. In every trend, however, corrective retracements and mean reversions will occur. In a downtrend, market participants commonly attempt to pick bottoms especially in former market leaders and darlings—and when this bottom-picking is combined with heavy short positioning that requires covering when major downside moves exhaust, ferocious bear rallies ensue. On October 11, 2022, SquishTrade prepared the following chart showing some of the powerful bear rallies that have occurred since November 30, 2022 (all-time high date): Supplementary Chart B: Percentage Gains for Bear Rallies in AMD Since All-Time High 3. The VWAP anchored to the all-time high on November 30, 2022, shown on the Primary Chart, reveals that the downtrend at the primary degree of trend remains in effect. The lower highs and lower lows on daily and weekly charts support this conclusion, and the downward trendline—also shown on the Primary Chart in orange—has not been broken. Price remains significantly below both the orange downward TL and the all-time-high VWAP, showing the profound weakness in this former market leader. 4. Price has even fallen beneath the April 2018 anchored VWAP (shown in red on the Primary Chart above) having a price value of $61.95 on October 20, 2022. AMD's rapid decline since August 4, 2022 peaks appears to have stalled just after breaking below this VWAP. This 4.5 year VWAP provides strong near-term resistance at $61.95. This level of interest should be monitored during any bear rally and on any subsequent decline. Price may rally and whipsaw above it during a mean reversion only to fail and slice back below it. 5. Price has fallen beneath the .786 and .618 retracements of the entire rally from the Covid 2020 lows. These levels are at $64.08 and $85.54 respectively. This is significant because it reflects the strength of this downtrend. Any bear rally will meet strong resistance when rising back to these levels. Before considering these levels as resistance however, price must first break above the April 2018 VWAP (about $61-$62), and the 21-day EMA at about $63.31 as of October 20, 2022. Until the 21-day EMA and the April 2018 VWAP are reclaimed ($61-$63 approximately, the higher retracement levels remain irrelevant. 6. Some evidence of downside exhaustion appears on AMD's charts. These suggest that a short-covering and FOMO-driven rally may occur in the coming weeks between now and year end. SquishTrade hinted at this possibility recently with the following chart, showing how AMD was approaching the bottom of its downtrend channel: Supplementary Chart C: October 11, 2022, Post Showing Higher Risk For Shorts Near Downtrend-Channel Support 7. On AMD's daily chart, RSI now shows a positive divergence despite price making lower lows. This is further evidence that shorts should be cautious and wary of a bear rally or, at a minimum, choppy action over the next few weeks. Supplementary Chart D: RSI Positive Divergence on Daily Chart 8. The Bollinger Bands also suggest that the downward price move from August 4, 2022, swing highs may be nearing exhaustion. Note how the bands (set at two standard deviations) are contracting now, which suggests either chop or mean reversion in the coming days or weeks. The %B indicator in the subgraph also shows weakening downside price action. As price made lower lows over the past two months, the %B indicator made higher lows. This reflects that price moves were less powerful even though they made lower lows on the main price chart—when price cannot pierce the bands as deeply with each subsequent low, and when price eventually cannot even tag the band with a new low in October 2022, this shows price may be ready to consolidate or mean revert. Supplementary Chart E: Bollinger Bands Signaling Exhaustion and Temporary Pause in Downtrend 9. For anyone trying to catch the bear rallies, watch out for false breakouts above resistance as discussed in the following linked post, showing a false breakout this month above a shorter-term trendline. When the primary trend is down, countertrend moves can be challenging and tricky, so tight stops make sense. Supplementary Chart F: False Breakout above Resistance—Example from October 6, 2022 ________________________________________ 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 232317
AMD ~ Heavy Demand Area AMD, the semiconductor leader, and monstrous Tech Company has taken a very big hit on its stock in the past 12 months. AMD Has issued guidance worries on demand woes and earlier, supply woes. No matter these shorter-term issues that are going on within AMD, and in the Macro-Outlook of the Economy, AMD is attracting and will be attracting many buyers at these much more fair-valued prices. As AMD has continued to fall it has hit a significant Trendline that has acted as strong support for the past year's downtrend. Along with this trendline tap, AMD continues to enter a major demand zone from pre-covid levels. The High $40s to $60 will remain a very demand-heavy spot for AMD as many buyers step in. Long Term buyers and bounce Buyers are anticipating for a bounce off these trendlines, and possibly a bottom near this solid demand zone. AMD's p/e ratio has fallen dramatically to around 20, resigning a fair price to the company's stock rather than the high $100s. Many Buyers will be seeing value at this price. My thesis is that this can be a smart Long-Term Entry for scale-ins on the company's stock. Buying at these demand levels will carry lower risk/reward with AMD reaching fair value, and a huge demand zone. I personally believe years out, this is a perfect acquiring zone to start! Longby ZachSapUpdated 335
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