$AMD $155 incoming Well... I posted this on X.... I believe we close between the 20DMA/20EMA and gap down and flush tomorrow...
AMD trade ideas
Is a Rally Brewing? Technicals Signal Bullish Sentiment for AMDAMD Chart Analysis: Potential Bullish Signal on 4-Hour Timeframe
I've observed a potential bullish pennant pattern forming on the 4-hour chart for AMD. This pattern often precedes price breakouts, with a target of $230 based on standard technical analysis measurements. However, it's crucial to remember:
Technical analysis is not a guarantee of future results: Past performance doesn't predict future outcomes. Consider this pattern as a possibility, not a certainty.
Thorough research is essential: Conduct your own research, analyze fundamental factors, and understand the inherent risks involved before making any investment decisions.
Risk management is paramount: Always prioritize risk management strategies like stop-loss orders, regardless of technical signals or price targets.
Bull wedge?Bullflag wedge formation. watch for breakout, macd about to have a bullish crossover. AMD to $200!
Use a stoploss please.
$AMD Running on FumesWith NYSE:AI being the talk about everything we now look at NASDAQ:AMD where do we actually stand here? plenty will argue its time to return back to $117 ,but on bearish squeeze we'll give a bullish trend before the short. we'd essentially be looking at 175-185 before the short comes to bring it back down to all time lows.
AMD Update: Clarity comes with Larger PictureI have been really looking at AMD lately because it has been on a tear for years now. In 2018 it was trading for under $10 and closed over $172 dollars on Friday! Thats a 1620% return on your investment in 7 years...talk about insane! Last time I posted on AMD I made an hourly chart and I believe I was off by one degree. The main chart you see above is the daily chart but gives us a much better view of price action. I have said many times in the past but let me re-iterate myself, I DO NOT predict timeframes. With EWT, it predicts WHERE price will move but not WHEN. That being said, disregard the times where I placed my labels and concentrate on what price levels they're at.
Looking at structure I believe we're in wave (iii) of (5) of ((1)). We hit the 0.786 and bounced down starting what I'm calling wave ii. If this is the case, then we should drop to the target box I have labeled ii. I know this is a decent amount different from my prior post, and I apologize for that. Sometimes the smaller time frames can get messy and complex, thus the reason for the title. After zooming out and looking at price action on the larger timeframe I believe this is the most accurate count. This is a wave ii, and they can be unpredictable. They're either long, short, deep, or shallow and alternate with iv's.
This pairs with what I expect to happen from the indices soon. Price has literally doubled in the last 3 months or so too, so I imagine people will be wanting to take some profits. As I said, wave 2's can be shallow, but it isn't uncommon for a move of this nature to drop to the 0.236 which would be @ $114.87 in this case. On the micro's that price point is between the 0.618-0.786 retracement fibs which is also considered a standard retrace for wave 2's of any degree. I have an alert set at $150 which is at the 0.382 retracement fib. At this point I will be looking at buying in possibly. I already have a few trades going through, and I don't want to overextend myself so we will see if I join the trade or not.
I will be watching this closely the next few trading days to see what happens. We should get some important clues soon to help guide us further. Yes, I do have my wave (v) of (5) of ((1)) target @ the $450 area. With the craze surrounding AI and how it is going to change our lives very soon, it should come as no surprise to anyone some companies (AMD included) are going to benefit from their positioning in the market sector. When I get more data I will update y'all.
Below is the weekly chart showing y'all an even more zoomed out picture.
Don't forget, beginning February 23rd, I will be dramatically changing my posting schedule here on trading view. My last regular post / update will be on that day.
AMD Beautiful Consolidation into PennantAMD is consolidating really nicely after making new highs in late January. Surfing the 20 EMA on the daily chart as well. This will be a top focus for me heading into next week.
AMD and the $200 magnAMD currently bull flagging with a breakout causing a 15% increase in price to $200.
How to BRR 101Refer to my prev AMD post back in Jan for credibility - I predicted run to 158-165 when it was in the 130s (result: ran to 180s).
Now we have a buy the dip opportunity after earnings sell off. There is still too much demand for this to tank yet, it wants one more high (at least).
Path to targets is the solid black line. Bullish channel its respecting is the dashed blue channel, every time it dips outside of that it gets bought up fast:
- Initial target = 187.50 by 2/9/2024
- After that hits it will pullback to around 176
- If 176 can hold as support it will make one final run to 192-199 by early March 2024
Trailing Stop loss is 2 consecutive closes below the dotted red line.
Entered Feb 16 175 calls for 3.50 on 1/31/2024 (underlying 167.67)
Sell to Open 1 Mar 22, 2024 167.5/155 Put Vertical @ $455.00NASDAQ:AMD
This is a bullish strategy with limited risk of $795.00 and limited potential reward of $455.00.
This strategy will profit if the stock closes above $162.95 by Mar 22, 2024.
There is a 58.11% probability this will happen.
From a technical perspective, AMD is having a wedge formation and will likely breakthrough with
a upward trend momentum.
However, I have a mixed feeling about the AMD's fundamental, so instead of playing an aggressive long vertical call, I tend to sell a vertical put to give myself a higher win probability.
$AMD LOTTO FRIDAY BREAKOUT ALERT My Plan:
175C>171.81 | 165P<168.96
Insanely RARE double IB not seen in months
Team here are some BONUS picks luv yall lets hunt together tomorrow and make some gains
FREE #OPTIONS Ideas
NASDAQ:META 475C>470.03 | 465P<465.59
NASDAQ:AMZN 175C>171.18 | 165P<169.14
NASDAQ:NFLX 565C>562.90 | 555P<556.54
LIKE if you want me to keep posting em!
AMD BO BUEC
Based on current Trading Range (Stepping stone) from previous accumlation,
position initiated as im expecting breakout of BUEC POE #4
pure wyckoff
AMD Update: Hourly chartI had a follower ask me to post my hourly chart on AMD so I thought I would try to get it out real quick for those of you trading it.
In order for wave iv to alternate with wave ii, it needs to be shallow and short. This is why I have my primary saying that iv is over, but it could verily easily fall slightly lower. If it does drop lower, it should be contained by the 1.0 @ $138.16. We need OMH for wave v of 3 to be considered complete. I would like to see that OMH to hit around the 1.618 @ $192.16 before the orange wave 4 starts.
We do have a sloppy 5-wave count off the 31 Jan low with a 3-wave retrace. However, as I said it was sloppy and that would make wave iv VERY quick. Until I have more data, though, I can't confirm v of 3 has indeed started. Let me know if y'all have querstions.
Don't forget, beginning February 23rd, I will be dramatically changing my posting schedule here on trading view. My last regular post will be on that day, and I won't be updating here as I do now.
AMD Has it finally topped? Short-term sell in order?Advanced Micro Devices (AMD) has been rising non-stop giving us excellent pull-back buy opportunities since our December 12 2023 analysis (see chart below):
This time however it has gone as close to the top of the 18-month Channel Up as it has been since the beginning and is printing the same peak pattern it has formed during all previous Higher High formations. In addition, the 1D RSI is on Lower Highs that just broke below the Higher Lows and that has been the Sell Signal during the previous three occurrences.
We are targeting a minimum of -19.38% decline such as on the June 26 2023 Low. If the 1D MA100 (green trend-line) breaks, we will open another one to target the 1D MA200 (orange trend-line) and 0.382 Fibonacci Channel level at 130.00, which will represent a -29.77% drop, being the total decline on the October 26 2023 Low.
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AMD – If it break above 180 on hourly chart it will go for 195AMD – If it break above 180 on hourly chart it will go towards 195
It will be a rectangle breakout.
Nvidia - How Long Will It LastHello Traders, welcome to today's analysis of Nvidia.
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Explanation of my video analysis:
All the way back in February of 2014 we saw a breakout of a long term symmetrical triangle on Nvidia. This breakout was followed by an insane +9.500% rally towards the upside. Right now Nvidia is trading in a solid ascending channel and is approaching the upper resistance trendline. I do expect a (short term) pullback from there to retest the support mentioned in the analysis.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
AMD Update: 02/04/2024AMD has been on a tear for a while now. This recent little retrace we had I am counting as wave iv of 3 of (3). In the wave iii of 3 of (3), price went from $93.12 all the way to $184.92 in 3 months. That is the strength of 3's when they get stacked like they were. To say this thing is extended is an understatement. I anticipate us to raise to the $190's before starting our next retrace for wave 4.
Once we start that wave 4, I can give more refined targets for that retrace, but until then I would only be speculating. After that wave 4, price should head to the $210-$230 area if it is to continue along these extensions. Broadcom is already being considered as a replacement for Tesla in the magnificent 7. If investors make that conclusion, then it would be a huge boost to AMD and would easily give it the momentum necessary to hit the targets I have set. Time will tell but I feel AMD is a great long-term investment and I will most likely be buying into it very soon. If/when I do, I will post those trades on here of course.
