AMD | Line DrawingThings to have in mind: I've graphed a few historic values that most analysts have in their notes. Advanced Micron Devices, Inc. reports their earnings 05/02/23 AMC: I'm anticipating the market will buy the surprise. The %B is at a good value to "signal overbought". Shortby HGCRD5
Sell signal in Advance Micro Devices Sell short and stay in the trade for few weeks.Shortby AtulGoswami7
SELLAMD- now in huge sell area. This price range is multi sell area in all high timeframe (6 month chart, 3 month, 1 month, weekly... ) Shortby orimichaeli1
AMD AnalysisPrice played out nicely as analyzed last week, giving us a 18.35% move to the upside. Price invalidated the bearish POI at 90.90 and is heading towards the buy-side liquidity built in early August 2022. I'm expecting a potential bearish retracement coming soon after grabbing the buy-side liquidity. Longby Keeleytwj1
AMD bullish move? - $AMD continues to push higher, along with the broader tech sector, amid overall market strength. - AMD broke through its tough resistance at $90 and is currently closing around $97. - Technical indicators are signaling that it's overbought, so don't be surprised if the stock pulls back. Bulls need to hold AMD above $85-90 to continue its bullish momentum. - $AMD average price move per day is $2-$6 per day depending on market volatility. - Below are my price levels for AMD. Calls: buy above 99.69 sell at 103.69+ Puts: Buy below 94.99 sell at 93.29 ================================================================= SIDE NOTE: - make sure that you setup a price alerts on those key level so you wont miss the move. and always to take your profits as you see one. - sometimes, the fist 30 minute after of the opening bell is always volatile. is either you can catch the move there. or wait for an 1 hour for better or cheaper price. - as always if you have any question feel free to leave me a comment here. if you're enjoying my ideas please don't forget to follow me or give the idea a boost or like. thank you see you all soon. Longby CHRIS_B580
$AMD: Long term trend is up$AMD is a leading chipmaker that provides processors for various applications of generative AI, such as ChatGPT, Bing, and Bard. Generative AI is a technology that can create new content based on existing data, such as text, code, images, and music. ChatGPT is a generative AI model that can write prose, code, and much more. It has been hailed as the most powerful and unpredictable technology of this generation. Generative AI has the potential to revolutionize and expand the creator economy by enabling new forms of expression and innovation. It can also improve efficiency and productivity in various sectors by automating tasks and generating insights. By adopting generative AI, chatgpt can transform the economy with higher efficiency, which allows economic growth despite slowing demographics long term. $AMD benefits from this trend by providing high-performance chips that power generative AI applications and platforms. $AMD seems ready to rally steadily from here, long term trend is up and we should participate on the upside with low risk entries like this one. Try to not miss out on this one. Best of luck! Cheers, Ivan Labrie.Longby IvanLabrie4
long position on AMDMy strategy is based on price action with the reading of certain indicators that I like while respecting all the values that define the stock maketLongby batchangoyves2020
Market structure go down wave 4Today, the market is expected to lower the price at 92.82 to 91.62. The market has made an increase at the highest price, and if the market wants to make an increase, it needs to make 1 decrease in price to expectations. In wave reading, it is market wave 4Shortby XtraderPair112
AMD Offers Way to Play the Relief Rally in US EquitiesPrice action in broader US equities—the S&P 500 SP:SPX and the Nasdaq NASDAQ:NDX in particular—has been tricky over the past few months since the October 2022 lows. SPX for example rallied off the 2022 lows into early December 2022 and it staged a false breakout above the bear market's most predictable trendline, the down trendline from all-time highs. The December 13, 2022, FOMC killed that rally, and and price fell back, rapidly retracing the prior rally's gains. Next, price rallied hard again in January 2023 into early February 2023. Price broke above the December 2022 highs in both the Nasdaq and the S&P 500 but failed back below that breakout point. This typically would be a bearish signal, and it was—after showing choppy stalling action between 4100 and 4200, SPX's price fell further for nearly the entire month of February 2023. Now, price seems to have found a low and is rallying once again. This does not mean the bear market is over, and this has been analyzed and explained in prior SPX posts . AMD may be a good way to play the relief rally in US stocks. AMD has been forming a series of higher highs and higher lows since its low on October 13, 2022, which coincided with SPX and NDX's 2022 lows as well. AMD has shown extraordinary strength despite an ugly macro environment. It rallied 62.98% from October 13, 2022 lows to February 2, 2023 highs. Setting aside the multitude of macro reasons to be bearish (including the ever increasing Fed Funds rate expectations and market-pricing of terminal rates), AMD's price action shows the potential for short-term or intermediate-term upside before weakness strikes equities again at some point. Yes, many reasons exist to be bearish, and SquishTrade is certainly not calling for new all-time highs or a new primary uptrend. Instead, this presents a swing trade opportunity. AMD faces major technical resistance at around $90 and $100, which is shown by teal-blue rectangles on the Primary Chart (above). Fibonacci resistance also shows confluence with these supply zones on the higher timeframe view. AMD also formed a trading range for this current consolidation starting mid-February 2023. Today, it broke above the range. Sometimes, breakouts are followed by retests, but the strength shown today across the equity space makes it unclear whether a retest may occur. Use risk management and try not to chase especially with imprudent sizing. This will be important to hold into the close. Supplementary Chart A: Breakout of Trading Range The Primary Chart at the top of this post also reveals that AMD broke above a key Fibonacci level today at $80.89. This will be important to hold into the close as well for the bullish view. Just overhead lies the VWAP from the prior swing high in early February 2023. Today, this anchored VWAP lies at $82.03. Be mindful of how price responds to that level. Price could pause and consolidate at that level, or also at the .618 retracement levels. Price also has formed a bull flag. This does not guarantee a breakout, but it tends to support a bullish case as a consolidation pattern. This is shown on Supplementary Chart A. Here are the remaining price targets based on Fibonacci and resistance / supply zones: 1. $82.00 (most conservative—VWAP from prior swing high shown on Primary Chart above) 2. $82.43-$83.97 (conservative) 3. $85.48-$89.00 (moderately aggressive) 4. $96.55 - $100.00 (aggressive) ________________________________________ 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 9
AMD - Double Bottom Formation [MIDTERM]AMD has broken through the ceiling of a falling trend channel in the medium long term. This indicates a slower falling rate initially, or the start of a more horizontal development. It also gave positive signal from the double bottom formation at the break up through the resistance at 78. Further rise to 94 or more is signaled. AMD has broken a resistance level in the short term and given a positive signal for the short-term trading range. AMD has broken up through resistance at 84. This predicts a further rise. In case of negative reactions, there will now be support at 84. AMD is overall assessed as technically positive for the medium long term.Longby wavepoint990
Symmetrical Triangle//Rising WedgePrice is sitting on the 50% retracement. Earnings 5-2. Short interest 2.14% No recommendation. Targets 1, 2 ,3 and 4 have been met. This is not oversold or overbought at the present time. There is a small RSI Divergence accompanying a Bearish Rising Wedge. The Rising wedge is not valid until the bottom line is broken and it is not broken just yet. Divergences often travel with Rising Wedges )o: Also possible cup below the triangle and maybe inside and over the triangle as well. by lauralea2
AMD -> It Is Over For Bears!Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that AMD stocks currently looks extremely bullish in my opinion. We just broke above a key down-trendline, we also created and already confirmed a weekly double bottom and the next resistance area at the $105 area is quite far away so from a weekly perspective I just do expect more continuation towards the upside. On the daily timeframe you can also see that with today's candle we are breaking above a previous daily resistance area, so I am now just waiting for the retest and some bullish confirmation and then also the daily timeframe looks ready for the next rally towards the upside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset: Long02:23by basictradingtv404062
$AMD $AMD not financial advise just study. Seems to be forming a right shoulder and at the same time a broadening formation with few gaps to be filled under at $70 and $64. like and share if this study helps you! Remember is just a study not fianancial advise. Thank you Alex! by alex6666661
$AMD push to $99?After some cooling $AMD can make a handle and push its way to $99 The whole chip space has been FLYING recently so some cooling before another run can be good. $AMD definitely a market leader right now.Longby nah02
testing boophitting resistance after good run, short it. with options sell an OTM call spread.Shortby Prutsor1
AMD AnalysisPrice playing out nicely as analyzed last week, with price taking out the buy-side liquidity before a bearish retracement. Price has created a relative equal highs at 88.00 before the retracement. I'm expecting price to give 1 more push higher into the bearish POI at 90.90 and taking the equal highs before going lower.Longby Keeleytwj1
AMD looking interestingAMD seems to be ready for the bullish rally. If the price breakdown support level, we might see some price correction and further rally in the long term.Longby RektMeHard332
AMD to again find support at previous resistance?Advanced Micro Devices - 30d expiry - We look to Buy at 79.11 (stop at 74.48) Daily signals are mildly bullish. Previous resistance at 79.00 now becomes support. 50 4 hour EMA is at 77.80. The sequence for trading is higher highs and lows. Preferred trade is to buy on dips. This is currently an actively traded stock. Our profit targets will be 90.31 and 92.31 Resistance: 86.00 / 88.94 / 91.50 Support: 82.00 / 79.00 / 76.50 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.Longby VantageMarkets1
$AMD inside the perfect golden uptrendIt has broken out of the red bull flag and the small green bull flag is broken too. Target is the new all time highs. Longby burak_tradingchannels1
Bullish trend on AMD along with a retracement to the 0.618fibA series of higher highs and higher lows are seen. The next higher low seen is at 0.618 fib which is a good retracement to enter the trend. Longby osamasaeed970
AMDShowing a topping tail with some volume near resistance... Similar candle from the sector on SMH. White trendline support is near 81.50 , could flush through it on first try pr bounce.. The real short will start when Amd closes below white trendline support. Shortby ContraryTrader8
AMD at $87/$88First level hit today and from now on the price will have to work on the area $87/$88 as resistance. A break-out is needed to confirm the bullish setup and to move to the next level.by TizyCharts2