🔸Hello traders, today let's review the 2days/candle AMD price chart.
Recently solid gains off the lows near 58 USD usd and currently pullback/correction
in progress after we maxed out at 125 usd. Having said that, bull run is not over yet,
and after correction expecting strong performance and new ATH for AMD.
🔸Setup is based on speculative XABCD structure, point...
This is a fantastic buying opportunity for arguably the second best Semiconductor stock in its specific fields which are Database, AI & Gaming.
A great risk reward ratio is on offer here and I expect the name to bounce off the $95 level. This is a great opportunity to accumulate stock here ahead of their release in Q4 of the MI300 chip which is looking super...
I like the rejection potential off 99.54 or close, I like the buy potential off the support trend, however, it's fairly weak, so I like the support line of 96-94 even more.
Once that green trend breaks, sell the retouch if you don't get out in time.
Once that red trend breaks buy the retouch, it should jump from there and see a nice gain. Id bet it lines up...
The NASDAQ:AMD Weekly Chart shows that the stock had attempted to complete the long term bottom at 104.
But over the past few weeks, it dipped below that bottom completion level.
This week it has started move up. This provides a level of fundamental support.
If it had continued downward, then fundamentals would be lower. For now, it appears fundamentals...
Over the past few weeks, AMD stock has again visited lower levels below the 61.80% retracement in the turquoise target zone between $106.39 and $91.87. However, as of this week, the stock has been moving decisively higher, and we now believe that the bottom of the turquoise wave B has been completed. As a result, the price should now be in the turquoise wave C,...
Price is beneath the triangle but no clear downtrend noted.
Price appears to be fighting the resistance line which was previously support within the triangle structure.
No recommendation.
Short with a clear downtrend.
Short interest is less than 2%
We've been looking at the 200 day MA with a view that this may be our first liquidty landmark for an entry into AMD.
But indexes having been building bearish momentum over the last week and so has AMD to the downside.
As I have been saying to my clients - the sting the the tail is often concealed until the latter phases of a trend and that could be happening...
When I'm working on a options play, I only am looking for a play that has minimal risk. For me AMD makes sense to short as close to the $111 level as possible and I think we are at a great place to place PUTS here. If we break $111.33 im out and cutting the loss. But if we pull back it will be a nice fall down.
AMD had a nice pump this week and not it's in a little bit of trouble. There is a confluence stopping it's bullish price action. Two major resistance levels merge and AMD looks like it will need to retrace back to the support below before another attempt at moving higher.
If price stays where is it by Monday open, I will enter a short position with my stop above...
Good sign on NASDAQ:AMD with that falling wedge on the 15 min.
When a stock's been hammered for no reason at all except market volatility, we usually try to look for bullish reversals or bullish signs to enter on a swing.
Closing in a falling wedge is good. Doesn't ALWAYS pay off, but if you are swinging it likely means 4-12 weeks anyway, so it's...
Daily bouncing off demand after a massive sell-off. Low holds, and we can see a small pump into daily supply above, where shorts can get another chance to short it with a target of new lows.
Weekly looks like it's just working on a massive Head and shoulder topping pattern and should be resolved after the Santa rally.
Will continue to update if there are any...
Just a recap of this trade so far:
Posted this @ 108 calling for a bearish rejection.
After it failed to bounce from 101-103, I was certain it'd head over to 95-98, or the bottom TL at most.
When we hit the bottom TL, I called for a buy signal @ 95.
Will tag all these for proof.
Now we are at the top TL, which is the ultimate PT from 95. We hit this in...
If you remember my post from earlier this/ last week, my max dip on NASDAQ:AMD short term was 96-97. This is exactly where we're opening today. Expecting a small reversal that which the strength of will wholly depend on CME_MINI:ES1! CME_MINI:NQ1! AMEX:SPY NASDAQ:QQQ
200 SMA bounces are usually very strong. When price starts heading below this SMA,...
Price played out well since my last analysis, giving us a -10.96% move to the downside and respecting the bullish OB at 99.94. Price played out perfectly and is now giving a change of character. My expectation for this pair is to look for a confirmation when price enters the new bullish OB at 98.87.
AMD: A Move Below 99.50 Can Push The Price Down Further
The price has already broken out of a strong support zone near 107.50
So far the price is still below 107.50 and it looks like AMD can face with a bearish winter if 99.50 will be broken.
$100 is a strong psychological price for AMD and a close of the daily and weekly candles below $100 should signal...
Previously i provided trade set-up at $45-50 successfully completed 📌 now stock trading middle of the road my analysis is clear cut based on technical analysis ⏰ from my side 📌 just pay attention if understood just follow this idea 💡 when I updated it 📌 automatically it reach you 🤝
Pls do your own research 🙂 DYOR NASDAQ:AMD
BUY :: $84 - $94
Sell :: $200 -...
For a swing I'll try to get a good entry on AMD. I've been trading it up and down for 2 weeks now. See my ideas. At 108 I said it should get rejected and fall back to support. We are at 103.XX now. I ideally want 99-101 for a long entry but I don't think there's too much selling pressure here anymore.
Watch it above 104.60 for a breakout.
We all see the flag...
