Back on March 13 (see chart below) we gave a bold (for the majority of the market) sell signal on Advanced Micro Devices (AMD), as we saw the stock topping at the top (Higher Highs trend-line) of its 2-year Channel Up: Our signal was delivered and the price corrected significantly by -37% and has almost reached the 1W MA50 (blue trend-line), which was the...
AMD breaks above resistance from down trend resistance at support levels from Dec and January. Looks good for a short, long trade. Thoughts?
Still waiting for AMD carve out it's B wave of ii. I am still tracking the possibility of this being all we get for ii, but as stated previously, I don't feel that is the case. I would like to see us create a basic 3-wave move up into the target box labeled B before falling again for c of ii. However, B waves seem to be complex more than simple. For this reason, I...
AMD is still below the key level following the bearish breakout detected on the channel. We anticipate a continuation of the bearish trend, possibly retesting the key level at the bottom.
AMD on the Weekly is showing Potential MACD Hidden Bullish Divergence above the Weekly Support floor and the previous 0.886 Resistance. If it plays out there is room all the way up to $232.37 that AMD could go for.
After seeing NVidia's reaction to there event, SMCI falling and a dead cat bounce. I truly have high hopes for AMD, BUT as we see in the volume profile levels there are gaps to be filled on the downside. But, another thing to take into consideration is the chips act is awarding grants and loans to these companies now. Good news could be the only thing that makes...
down turn is drying out price has reached the fair value this week all the optimists from last week were scared sentiment is good today or monday I want to see a Wyckoff reversal I suggest to build up position in range 144,5$ - 140$ SL as on chart Exit probably 180$ somewhere, where the bitch scared me out of my down position
AMD breaking below critical support. - EDUCATIONAL POST - This is a POTENTIAL Trade Setup , an example of what I will usually do, wait for a break of the area, usually price has broken too sharply past said area to make a decent trade, placing an Entry at the 3:1 Minimum R:R Ratio, inside of a Bracket order, so when my entry is triggered, one ALREADY has...
AMD had a buying climax on 8 Mar and followed by a corrective downside for the next 2 months. The decline is rather corrective and as such, we are taking a bet that there will be an upside for now to form a potential distributive Spring Test. Especially it had since broken out of the falling wedge. To add, the confirmation of the smaller diamond bottom adds on to...
Since peaking in March'24 Advanced Micro Devices - AMD has been either in a steep correction or moreover: it broke its super uptrend and is now in a downtrend the latter thesis is based on the fact that if it's just an Elliott wave 4 correction - it's way too long: assuming uptrend wave 1 was 80 and wave 3 was 134, it has now retraced to a local low of 141,...
The AMD (Advanced Micro Devices Inc.) 1-hour chart shows that the price broke out above the 200 moving average, and now it's testing the HL (162.00) level. These breakouts could lead to a more significant downward trend. I expect some bearish action, and the area below the moving average should act as a strong resistance level for the price.
AMD went on a good correction phase after touching a recent peak at 220 area following the market's long term trim action. Profit takers has swept the market even the top guns with the likes of NVDA, TSLA, AMZN, AAPL. Based on recent data, it looks like the market's correction has more-or-less come to an end -- and net positioning for most blue chip stocks has...
4h - still within bearish internal range tomorrow I am looking at bullish towards the 15m FVG and then price could continue upside or go downside towards the 2h first low area to clear out sell side liquidity for the rest of the week. 1h WIP bearish H&S
Too few people want to play the game of UP in NASDAQ:AMD AMD now... but we need participants for to move.... To catch their interest we must go up to collect bulls for further down trip to AMD's true value of 130$ after any 1Q report that will be probably considered as week. For the moment is my opinion, it looks like this. Remember: those who don't support...
Usually, I do not put myself out there like this and front-run. However, I have sufficient evidence that makes me comfortable enough to make an exception this time. While I will not go into the methodology here (unfair to my subs) I will tell you that the chart is in a wave 3 up that is now head-testing the previous H&S pattern. Bulls make money Bears make money...
Short term I want to see AMD hit the BSL at $162 Holding above $162.50, I want to see us invert the 4hr bearish FVG at $164 be inverted to carry us higher to $192 long term
AMD - it's down almost 40% from ATH. It's been a slow and stedy selloff since CNBC spoke about NVDA and disregarded AMD. For a short term trade you can trade the breakout of the trendline but beware of the 162 level that is resistance and start of a chop. Later on around 165 you have a ton of overhead supply. This all stands in the way for the stock to really...
AMD on the daily. Bullish RSI divergence at the .618 Fibonacci level and 200 EMA.