we broke below extreme trend support for a bit but seems like we are going to break back above in the near future. waiting for breakout confirmation! once this happens we can target 126.04-140.62-156.87
Short-term support levels $75-85 Gray zone range $34-64 Resistance levels $142-164 Like and Share
#$AMD I am interested. But will add only above right shoulder close to negate he pattern. On my watchlist for next week
As we see AMD breaking out a major resistance within the rising wedge, we could expect it to keep rising and hitting resistance around the circled area on the resistance trend line of the rising wedge. On the RSI, it also shows AMD has been continuing on a uptrend channel thus showing it has already hit support and its ready to move upwards.
On AMD we have a breakout with force the vwap indicator and the resistance line by a big candle with a large volume. Big probability of an uptrend.thanks
NASDAQ:AMD showed strength bouncing from 83.76 support level. Stochastic RSI (StochRSI) raising from oversold and RSI 14 should be above 50 on Monday, VAPI also already improving. Ascending channel forming, with target above $104. Disclaimer: This is my private opinion. The information is not intended to be and do not constitute financial advice, investment...
It's bear market time, don't believe in miracles and make money today. We must be able to adapt to the situation and the market, and not blindly believe in eternal growth. Don't thank. All profitable trades. Follow me and more likes please ❤
On the above 2-month chart price action has appreciated 8500% since September 2015. A number of reasons now exist to be bearish. Side note: Timing the market tops or bottoms is not my forte. Instead, these large time frame ideas are an attempt to measure the probability of continued trend versus risk. Why bearish? 1) The ‘incredible sell’ signal prints. On a...
Select Trend Line as a drawing tool, place a point on your chart, hold Shift and start moving the 2nd point - Trend Line angle will change to 45 degrees accordingly.
Timeframes and technical indicator settings are ubiquitous concepts to technical analysts, two things that they will have to interact with at some point in point. For certain traders, they make part of the million-dollar questions: "What is the best timeframe to use?" "What are the best indicator settings to use?" Where "best" refers to the...
0. Notes to follow; 1. This is complete panic selling; 2. If you have cash, put it to work. 3. You won't get many buying opportunities like today. - drchelsea
If you haven`t bought AMD here: or here: then you should know that AMD is trading at a 61% forward P/E ratio discount versus the 5 year average! The Goldman Sachs Group has an $133 price target for it! Looking forward to read your opinion about it.
Just because a stock makes a large move in 1 day like AMD did on Friday does NOT make it bullish. The context in which this move occurs is probably more important than the move itself. This ~10% move higher occurred in a clear downtrend, below the neckline of what I am considering a head & shoulders. It also occurred within the range it has been in since April 11....
Hello traders and investors! Let’s see how AMD is doing today! First, in the 1h chart, we see a strong bear trend, and there’s nothing indicating it’ll reverse. As long as we keep seeing lower highs/lows, we can’t say it is a buy. However, AMD has a few key points that if broken, it could trigger a reversal. First, we have the 21 ema, working as a resistance for...
Despite market weakness, AMD has been holding and battling the psychological $100 level. Also, I can see that a possible symmetrical triangle (a little wonky) black lines. My plan into tomorrow is watching the direction of this move. Upside scenario: Above $93.83 would long it targeting $96 and above that $100 Downside scenario: I would wait to see if price will...
Summary : Elliott Wave and Fibonacci analysis point to further downside in the next few weeks / months in NASDAQ:AMD . (The current countertrend rally could continue for a few more days first.) A reasonable target for the downside is 60.86 to 63.82 . Afterwards, price action should be evaluated at the 60-63 level for any evidence of a trading low for...
amd buy ... buy above the resistance 1 and 200 ma ... finally target resistance 2