Here's a neat little POTENTIAL setup. I added a projection line. I probably shouldn't have added a projection line. It will probably make me look stupid in a few months to a year. Or maybe even right now. Depends if you like my charts or not. Or have just recently followed. This chart is a little more longer term. Do I think NVDA crashes some 32% to $620...
Hello Traders and Investors, today I will take a look at AMD . -------- Explanation of my video analysis: Back in 2022 AMD perfectly retested the previous all time high which was turned support after AMD stock broke it towards the upside in 2020. Furthermore AMD stock also created a bullish symmetrical triangle formation and already broke out towards the...
Check AMD, I'm not entirely sure yet, but something about this chart is screaming bullish again. Last chart update was pretty much short over 171 and we pretty much stuck to the chart. Now that things are settling, the next move is starting to appear. There is potential we see the move from 169.99 to 207. If we cap out near 207 or 209 and drop to around 192, it...
Friend asked me to do a Volume Profile for levels on NASDAQ:AMD It has hit and held the 50% Retracement. The next VP node is 157.79. One could be patient and wait but I like the long now. "You know when you're wrong" (it breaks 157.79) so I know where to stop out.
Advanced Micro Devices / AMD hit the 1day MA100 after more than 5 months and the first long term buy signal is flashing. It has completed a -30.15% decline from the recent High, being a Higher High on a Channel Up of almost 2 years. The last correction from June to October 2023 was exactly -30.15%. Exploit a double entry strategy with the first buy here on the...
REASONS WHY !! Market Sentiment and Momentum: Bitcoin soared in 2023, and experts predict further gains in 2024, potentially reaching $80,000. Despite long-term optimism, Bitcoin experienced a recent dip. Technical indicators suggest potential downside, but the market remains in a tug-of-war. If buyers can push past the $44,700 resistance, a jump to $48,000 is in...
This is a chart I created several weeks ago. I find these points of inflection fantastic for support or resistance depending on the PA of course. I've drawn these on several tickers and the outcome is almost always the same. This is just information. Do what you want with it.
AMD is bearish on its 1D technical outlook (RSI = 39.240, MACD = -3.040, ADX = 37.221) as it got heavily rejected on the 1D MA50 last week. Nonetheless, it is close not only to completing the -28.56% decline, which is the maximum fall it has had since the October 13th 2022 bottom, but also near the S1 level (162.00), which is February's low. The chart shows that...
As shown in the chart. SOXL is still a higher low along on the trendline, seeking a bounce tomorrow. I would take loss if SOXL dropped below 38.95. Otherwise, it should be ABC wave up to 53.
Since March 8th, AMD has been experiencing a consistent downtrend, repeatedly encountering resistance at the descending moving average within this abbreviated timeframe. A pivotal movement above the level indicated by the green arrow could potentially signal a significant upward momentum. It is worth noting that the stock has persistently tested and concluded...
If my tech analysis is correct, this can hit 800. Stop Loss 100. Buckle Up in this AI craziness.
AI technology has been recognized as the new future since the end of 2022. The rapid advancements in AI and its stock prices sparked debates regarding the sustainability of its current valuations. Indeed, AI technology has a long runway ahead, but like all journeys, it will eventually encounter a bend. In today's tutorial, we are going to study its fundamental...
The 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.
Stock : 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...
Discussing the sell off in semis today. Potential reversal in Nat gas Bitcoin & crypto selloff. FOMC tomorrow: No rate cut. Will Powell come out hawkish tomorrow? its looking likely he will based off of the BOJ rate hike. Oil surging doesn't help the dovish case. Commodities breaking out doesn't help the inflation fight.
In 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...
Strong Fundamentals NIO has been consistently improving its fundamentals. The company’s vehicle deliveries have been growing quarter over quarter, demonstrating strong demand for its EVs. NIO’s battery-as-a-service (BaaS) model is also a game-changer, providing a competitive edge over other EV manufacturers. Innovative Partnerships NIO’s recent partnership with...
The semiconductor index has been one of the best performing areas of the market over the last few quaters, and has continued to be strong since the late October bottom. The index is coming into overhead fibonacci resistance, and with weakening momentum starting to show up, similar to July last year, a pullback here looks likely. It seems hard to imagine with...