AMD has been consolidating for a few months now and has not broken the strong uptrend that has been in place for years now. As long as revenue and earnings growth for the company remain strong, and the overall market remains stable, I see a breakout for AMD in the future.
If AMD can break and close above the 59-60 area, then I see the uptrend continuation to 75...
Hey guys, I’m back with some more ideas for the next trading session
EURUSD – The price is close to an important resistance level at 1.13, I expect either a false breakout, pullback and fractal, in which case you can short with a target at 1.1240, or an impulsive breakout of the level, also followed by a pullback and fractal on the other side, in which case you...
0. AMD has broken out of the down channel from June 10th. Looking to retake the $52.50 level, and move to the top of the channel;
1. This is the same price action that was seen "time and time again" with the $47.50 level, and appears to be the same situation;
2. Many tests and re-tests of the $47.50 level were required, before a sustained $50 level (mostly);
With this stock my idea is to go long placing a target towards the price resistance previously formed. The reasons are:
- nice bullish pin bar
- Bearish momentum is getting weaker
- Stock price is in the green Ichimoku cloud
Remember to put a stop loss in order to secure your capital!
Not a financial advice.
Enjoy your trade!
It was like someone was trying very hard to get my stop yesterday!!! I have been in this stock since it was at 44 and do not want to get stopped out now!
A Stop Loss for a cup and handle should be below the handle low or below the mid cup level. In the case of AMD, these 2 levels are very close which is not always the case. I had my stop at 47.5 and I really...
Well, if the recent upward movement continues, then we might have some good opportunity over here.
AMD is considered to be one of the best "comeback kings", which means once it was oversold, it usually runs back to overbought levels very quickly.
It was oversold on multiple timeframes recently, and based on the MACD indicator. We might see some trend reversal(...
Possible long trade on market strength within the SMH
Upside targets $52.25 - $53.75
Indicators reversing after some very strong selling pressure.
AMD has lagged its competitors performance this quarter
💰 LET'S GET INTO SOME ADVANCED MICRO DEVICES ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
(Overall Market Sentiment) 🐻 Bearish
AMD looks to be a massive rising wedge from back in 2015 lows. Notice how every major structural support and resistance now now funneled into this tight range at the very top of price...
GoNoGo Charts are painting a *bearish picture for AMD. Trading the highs and lows of the *rectangle that the stock has been in would have served you well over the last couple of months.
This time though, with price trading down to the lows of the consolidation, the GoNoGo Trend indicator is suggesting that the trend has changed to “NoGo”. This shift was noted on...