Advanced Micro Devices Inc. - An Alternate to Nvidia play?This might be a parallel play for those who missed Nvidia.
Be on the lookout for this and see the levels and comments marked on the chart.
AMD trade ideas
AMD 2024 PROJECTIONAMD stock has finally met our 2023 projection, leading us to anticipate a return to support around 150. Following this, it is poised to undergo an Elliott Wave pattern, with Wave 3 potentially reaching up to 300.
Amd consolidation overbreaking out of the downtrend after the rally
consolidation over big move about to happen
Support at 175 trigger for breakout 182
pt 200 215
AMD - Last chance below $180. Next Stop ATH0. Notes to follow;
1. Noticed divergence today with NVDA about 1pm or so it started;
2. AMD down over 20 percent;
3. Pivot on the Bear Market situation with AMD is $182.75;
4. Looking for a move above;
5. AMD Here reversing from double bottom or so, $175.55
6. Looks at the bottom of Large Horn Structure, Megaphone Shape, Bulkowski shows Broadening Bottom on AMD
AMD ABC CORRECTIONAMD should fill the top FVG to then drop to 164 area and meet to 20 ma on a Weekly chart.
AMD - Algos became more clear - here's what we're looking forAn activation of white as our support would be amazing news for the bulls - if it can utilize the strength here to break out of our controlled (but strong) selling channels. If we fail white and get pushed down further (early indication of this will be a failure to hold Teal as support), orange is our next step and is not the most bullish signal for us in the near-term but will definitely give us a reaction.
See you all in the livestream at market open!
Happy Trading :)
AMD Breaking outAMD is on the verge of a breakout. Its a very good buy right now if it can stay about 183. We may face a bit of resistance on the way up at 193. Above 193 our Next target will be 203, 213 and then 227
AMD due for a bounce before new lowsNASDAQ:AMD is due for a bounce to around 200 before dropping further. Same with other tech and semiconductors. Sell-off could begin on Friday. NASDAQ:SMCI NASDAQ:NVDA NASDAQ:QQQ AMEX:SPY
AMD - Opportunities to both sides approaching. Key PA to watch 4Watch for our strong selling purple to continue to push us down to support at orange.
If however yesterday's push down was to prove tapering on orange, we could see a breakout of purple and be back within our magenta tapered controlled selling to continue to move up.
Keep an eye out and I will update you as price develops!
Happy Trading :)
AMD March 15, 24: Pull Back to MA-21In a previous post (see related idea section) on March 12, I wrote about NASDAQ:AMD pulling back to its moving average MA-21 would provide a buy signal.
On March 15, 24, the stock indeed pulled back to MA-21 and closed in green amid weak overall market.
For me this is a good technical sign showing relative strength of NASDAQ:AMD
I bought it right here.
AMD pulling back to MA-20 presents a buy pointThe AMD stock pulling back to the MA-20 is a good buying point. Note that this is also the support of the 3-week accumulation price range.
AMD technical analysis on 20 Mar 2024Stock : AMD
Date : 20 Mar 2024
Main Trend : Up ( but the trend could change to downtrend after breaking the daily upward trend line )
preferred Transaction : Sell ( 181.42 $ )
Reasons : The AMD stock breaks a previous support level on the daily chart at $183.60 and retests it, reversing to the downside again. The most likely scenario is further descent and breaking the upward trendline drawn on the chart.
Technical Analysis success at level : 165 $
Technical Analysis fail at level : 187 $
$AMD Cycle outlook into Sep-Oct 2024NASDAQ:AMD cycles
Daily - looks to have started decline to HCL which is putting NYSE:ADM at a risk of daily cycle failure.
Weekly - printed weekly swing low on the tail end of the weekly cycle. Looking for the decline into ICL around mid May
Monthly - Bigger picture, just coming out of 7 year cycle low. We typically dip into HCL decline into month 23-25 so a final decline to YCL should be around Sep-Oct 2024
AMD $177.55 support, $260 Target0. AMD consolidating here after a correction from $227
1. Expect it to head back to the ATH, and then $260.
AMD target $252And why should the party stop now, right?
This work is all based on my dowsing, fyi. No technicals.
AMD hit my upside target on Friday and immediately, today, the downside plus 2 pts. I had the order backwards, which sucks, but regardless, they are nailed.
Today is a date on my calendar from a past reading, so that combined with AMD hitting a target, this is a typically an indication to look for a good reversal.
Energy is a little bearish, which may be into tomorrow, but overall bullish. I'm expecting another new high. Possible stall around $215-16, and then $252 into next Friday.
That's all for now.
AMD and Sony Semiconductor Revolutionize Autonomous DrivingIn a groundbreaking collaboration, Advanced Micro Devices ( NASDAQ:AMD ) and Sony Semiconductor Solutions ( SGX:SSS ) have joined forces to pioneer the next generation of LiDAR technology, a crucial component in autonomous driving systems. Leveraging AMD's cutting-edge adaptive computing technology, the newly unveiled LiDAR automotive reference design promises unparalleled accuracy, reliability, and efficiency, setting a new standard for automotive safety and innovation.
Empowering Autonomous Vehicles with Precision and Reliability:
LiDAR (Light Detection and Ranging) technology is instrumental in providing depth perception and environmental mapping for autonomous vehicles. By harnessing the power of AMD's adaptive computing technology, the SSS LiDAR reference design offers exceptional object detection and real-time analysis capabilities, essential for navigating diverse driving scenarios with precision and reliability. This collaboration marks a significant leap forward in the quest to enhance the safety and efficiency of autonomous driving systems.
Pushing the Boundaries of Technology:
Yousef Khalilollahi, Corporate Vice President & General Manager of AMD Adaptive Computing Group, highlights the transformative impact of adaptive computing technology on LiDAR advancements. By integrating AMD's innovative solutions into the LiDAR reference design, the collaboration exemplifies a shared commitment to pushing the boundaries of technology and driving innovation in critical industries.
Setting New Standards in Performance and Adaptability:
Takayoshi Ozone, General Manager of the Automotive Development Department at Sony Semiconductor Solutions Corporation, emphasizes the significance of incorporating AMD adaptive computing technology into the LiDAR reference design. This strategic collaboration enables Sony Semiconductor Solutions to deliver cutting-edge solutions that set new standards in performance, reliability, and adaptability, addressing the evolving demands of the automotive industry.
Unlocking New Possibilities for Autonomous Systems:
The SSS LiDAR reference design, powered by AMD Zynq™ UltraScale+™ MPSoC adaptive SoCs and Artix™-7 FPGAs, empowers automakers and automotive equipment suppliers with a comprehensive perception platform. This platform enables autonomous vehicles to navigate complex driving scenarios with exceptional precision and identify potential hazards in real-time. The combined efforts of SSS and AMD are poised to accelerate the adoption of LiDAR technology across various industries, unlocking new possibilities for autonomous systems worldwide.
Driving the Future of Autonomous Driving:
As autonomous driving technology continues to evolve, collaborations between industry leaders like AMD and Sony Semiconductor Solutions play a pivotal role in driving innovation and shaping the future of transportation. By harnessing the power of advanced computing solutions, LiDAR technology is poised to revolutionize the automotive industry, ushering in a new era of safer, more efficient, and more reliable autonomous vehicles.
In conclusion, the partnership between NASDAQ:AMD and Sony Semiconductor Solutions represents a significant milestone in the advancement of LiDAR technology and autonomous driving systems. With their combined expertise and commitment to innovation, these industry leaders are driving the future of transportation and paving the way for a safer and more connected world.
AMD trendWill AMD hold this trend on the 4hr its been following since November of 23’? Watching this closely and will add calls from here.
AMD charted for 19MarIf we open up above this floor, I will
be looking to take AMD long up to resistance (188.26)
If we open up below the floor (185.25), then
I'd look to short down to 179.55
AMD - What to expectHere we see AMD playing its mathematical levels perfectly. After breaking its last high of $163 price rose exactly to the 1.618 ($226). We saw supply dump at this price giving us a clear sign of what's next. Here are the 3 Scenario's on the weeklytime frame of what will happen next.
1. The momentum will pick back up ( as shown with the RSI bouncing off the 70). This could send price back up to $226, and a break of that level would send AMD to around $253.
2. We continue to fall to retest our first key level. This level is represented by the $163 level. This would be a perfect retest of old resistance being tested as new support.
3. We get a full retracement. In this case AMD will fall somewhere between $120-125. This is the 0.618 of our micro move and macro move. Amazing how they both align with one another. This has also been established as a key level with confluence before the breakout.
AMD ATHS, more to come?Watching AMD make new highs.
perhaps some consolidation here at 200-210.
Looking for 207, 220
AMD update. The AMD chart shows an interesting development with a potential breakout from a 4hr bull pennant pattern. This follows the recent announcement of chip maker incentives, which could potentially impact the company's performance. However, remember that the stock market is volatile and reaching new highs is not guaranteed. This is not financial advice, and other factors are crucial before investing. What are your thoughts on this potential breakout and the broader market sentiment?
Hitting previous strong resistance level. Might bounce.Previous resistance is new support. Hitting previous resistance levels. Looks strong. Possibility to bounce. Watch nvda meeting on 18th as if that goes well this will go well I think.
AMD's Stock Outlook: A Quick Technical AnalysisAdvanced Micro Devices (AMD) has recently hit a notable point in its stock movement. After a strong rally, it met resistance at the upper boundary of the 20-day SMA Bollinger Bands and is now approaching the 200-day Hull Moving Average (HMA). This approach is critical as it indicates a potential shift in the stock's longer-term trend.
In the last few days, AMD has seen increased selling, pushing the Relative Strength Index (RSI) towards a neutral level. This suggests a cooling period after a phase of being potentially overbought.
Looking forward, the long-term view on AMD remains bullish. However, a key factor to watch is whether the stock stays above the 200-day HMA, ideally showing a strong bounce from this level. If it falls below the HMA, it's worth observing how it reacts to the lower support level of the Bollinger Bands.
In summary, AMD's stock is at a crucial juncture, with its behavior around the 200-day HMA being a significant indicator to watch for future direction.
