Advanced Micro Devices Inc NASDAQ:​AMD

AMD GPU stock correction imminent. gpu mining dying after ETH mining halving.

Zacks Rank: 3-Hold 3 Style Scores: F Value | B Growth | A Momentum | C VGM Industry Rank: Top 40%(103 out of 255) Industry: Electronics - Semiconductors

correction with short term deep crab and bullish engulfing green candle. Solid potential for short term reversal

FANGs and technology companies could see an additional 20~30% drop as the inflated pressures of pricing expectations deflate. Technology, much like the 1999 DOT COM bubble, have been inflated over the past 2+ as foreign capital capital has rushed into the US market for safety and security. This recent rotation could be the beginning of a deeper price rotation in ...

Very nice method used here, as you can see the gann fan is clearly stating the linear sloped resistance has been respected from the 2000s (HENCE TECH BUBBLE) Thus bulls have been successully convinced that AMD so that the real traders know when to act and enter short back in these high price positions. Look at NVIDIA, it seems extremely extended and is about to ...

Pretty straightforward. Here's what I just posted on Seeking Alpha: "MU -- extremely oversold conditions. Yesterday before the close, went long the 10/26/2018 40.00 Call (up 42%). AMD -- extremely overbought conditions, just went go long the 10/26/18 $31.00 Puts (up 16.6%)" https://seekingalpha.com/stocktalk/100811065 Just look at the RSI levels for each. To ...

AMD down....

Added into my AMD shorts https://www.tradingview.com/x/L9cDRKsv/ Added levels at 26.44. The target seems to be good for a long-term downtrend in the weekly chart as well https://www.tradingview.com/x/jvpy78SZ/ Looking to ease some at 22.29 and more at final target of 20.46

Check the price tmr, then get in short position

Typically wave 2 retraces Fib 50% of wave 1 move but because of the strength shown in wave 1, I have included the possibility of a Fib 23.6 and 38.2 as well. The MACD has already turned. A double top was also printed when it failed to break the last high.

WELCOME TO DACAPITAL TRADING!! DAILY STOCK MASTER SIGNAL 1 HOUR Strong bullish pressure starting 4 HOUR Sideways consideration zone with bullish wave now OVERALL Very bullish market, following this skyrocket LEVELS BUY AMD @ 32.70 SL @ 30.84 (180 Pips) TP OPEN, WE RIDE THE WAVE! „We will move our SL every day! Be patient! Enjoy our limited Content and ...

The “Bullish Engulfing” patterns suggests an early signal that the current correction is nearing its limit, Potential rebound above the 50% of the Fibonacci Retracement , Index is likely to break above the 40-day MA line (red) in the later sessions, A spike in the 14-day RSI indicator implies momentum is growing: Look for bullish confirmation. (Disclaimer: All ...

Just an idea

It is printing a symmetrical triangle which is more like a wave 4.

How to read this chart: 3 Fibs Orange Fib: Short term daily measuring the ABC wave structure Blue Fib: Medium term daily measuring the last wave 4-5 retracments Red Fib: Long Term daily structure measuring the full 1-5 wave structure Personally I am looking to short this retest of the neckline of the double top on the daily (Orange 0.618 retracement) and look ...

LONG

Quick 10 minute overall look at AMD through my perspective. Moved my buy at 24.60 ,10 minutes before opening bell. FeelsBadMan Let me know what y'all think about AMD's future movement. As well as any info on the Chinese chip markets. Take care.

To the up trend line from. Not sure where it’s going from here