AMD Support at 200MA or $135.
If AMD stays and breaks out of this triangle which its been in for years on the support end and decades on the resistance end, we could see AMD in the thousands of dollars.
My personal opinion is we haven't yet seen the highs of the "AI Bubble."
Feel free to zoom in and out of chart.
Dear Traders and Investors,
I'm sharing with you this analysis on AMD to tell you to close your position if you're holding a long trade, as you can see in the chart, the price pulled back on the 0.5 level of the fib and gave us a confirmation, now it's heading towards the 0.6.
For further question, don't hesitate to ask!
#AMD still good holding with tripple bottom at 102$ after rejected 105-106$
But we still need be careful with hidden bearish with lower high.
IF #amd break down below 101.7$ will drop to 100$/98$
IF #amd can break out 106$ again, we will see AMD back test 110$
I ll tell you right now, AMD is set to rally. 102 is the starting point to go for the 130. Price bounced at the .705, grabbed liquidity below this 102 and now is retesting it. As soon as the short term downtrend is broken, it will fly.
Trade idea is cancelled below 94.45.
Sytay tuned! NASDAQ:AMD
Advanced Micro Devices more than doubled in the first half of the year. Now, after a healthy pullback, the semiconductor stock may be ready to climb again.
The first pattern on today’s chart is the falling trendline along the highs of June, August and September. AMD pushed through that line last week and has remained above it since.
Next, the $105 area was a...
As you see here on the daily chart, we are bouncing off of a weekly trendline. We are also forming a bullish flag pattern on the weekly chart. So, I would look for a price break above the trend line on the daily chart with heavy volume and look to hold for a few days. This is a beautiful play.
AMD broke out of descending triangle pattern on weekly time frame (bullish). I suspect price will rise short/mid-term towards the labeled targets.
Happy Trading 🌕
AMD had been in a descending triangle (as shown in chart), and has a weekly close outside of the triangle (bullish). I suspect the assets will grow from here towards the highlighted fib levels in the short/mid-term. I will do my best to keep you updated.
Happy Trading Everyone!
Overview: my last update on AMD was published a long time ago, July 29th. In summary, I expected bullishness at that time.
Update:
Analysis of the Structure:
I am now labeling the bullish move of October 2022 to Jun 2023 as a wave (a) of I and since then, we are in wave (b) of I, correcting that whole bullish move.
Wave (b) is developing as a triple...
14Oct 2023
Support at 102 for AMD
Currently at the top of FVG
Worst case scenario is amd 83-85 dollars
Bounced at 0.65 retracement
currently at 0.5 retracement.
Sold a 100 put 3 weeks out 3rd Nov 23
Made a mistake. went in too early, need more patience. Support is at 102
Outside week (once a 3 always a 3), follow through with a 2 up on the weekly.
Pivot Machine Gun (PMG) potential up North.
As long as it's green on the week, month and quarter Long it is.
Beware: green, but still inside (1) on the month and quarter.
Shooting for 120-130 area towards the end of the year, let's see how it plays out.
AMD is doing something extra ordinary & I am confident that it should go to to $140 soon.
Watch the analysis carefully &trade as per your risk tolerance.
Hi mates, sharing 4H chart of AMD for my trading idea.
As we can see that 99.80 levels acting as a key levels for price and prior it gives bounce from there, and later this was resistance for it. Although current sentiments of market is not supported for long side trades but still i want to take a chance for long side trade if it will break resistance and closed...
Good day, dear readers,
Today, I want to talk about AMD, which is like NVIDIA's second industry leader after acquiring AI company. I recently got into AMD at $108, and I set a safety net at $104, with my sights on the $111 line. If it breaks through, there's a chance for some big wins!
But here's the thing: as we get closer to the earnings report, it can get a...
100 key lvl, wedge breakout @ 200 ema on daily. stops below 100 on daily is good imo, retest of trend line looks good for entry. bullish candelstick off pattern is ideal
Chip manufacturer Advanced Micro Devices (AMD) has announced plans to acquire artificial intelligence startup NOD in an attempt to catch up with its rival, Nvidia (NVDA). The latter is a leader in the production of AI chips.
Today, we are focusing on the Advanced Micro Devices (NASDAQ: AMD) stock chart.
On the D1 timeframe, support has formed at 104.89, with...
After a little while, AMD confirmed technicaly a LONG. For those who have not grabed shares yet, this might not be the best time as we probably should have a throwback to the set of EMAS recently left behind. We bet on that!
