Yesterday we´ve probably seen one of the best daily performance from AMD shares in company history. Why is that? Licensing agreement with the chinese. The chinese will be able to develop their own server SoC with a cooperation and based on AMD technologies. Means, they will develop their very own version ot the latest "Opteron" generation and pay to AMD for...
This mid-entry card priced at $199. for 4 Gig and $239 for a 8Gig version is causing quite a ruckus, mostly from the camp who assumed that this card would romp on the NVDA 970 and 980. However, despite their setbacks., this little rocket did what it was made to do! At the price of 199-239 this card can be built for 1080p gaming which will run Virtual Reality ...
Inverted hammer after a few negative claws. Will we see a positive movement for the rest of the E3 week? Can we break this resistance level?
Will we hit the 5 dollar mark before or on the day of E3? Lets find out! According to the graph it looks like we're on par!
1 down, 1 judgement, and 1 up. Are we entering another uptrend before E3? Lets find out.
It looks like we're testing the new resistance point of 4.20s w/ highs around 4.71 and lows around 4.10. I feel that the new break out point will be at 4.61 where we will enter new highs. Going to 5? E3 stars on June 14-16. Break out before E3? Lets find out.
Buy the rumor sell the news. We broke out of the wedge
NASDAQ:AMD opened today at $3.66. It did terrible pre-market and ate dirt mid-morning to mid-afternoon. Since the chart is already pre-planned from weeks ago there are only a few things to explain, but if you followed the previous charts you should already know. Upper and Lower bounds are in Green Dashed lines set at $3.91 and $3.32, respectively. This has...
Over the next few weeks we could see a drop back into where I think the support level is around the $2.00 - $2.20 mark. Might be a good time to get back in and enjoy the pop back up!
AMD has had a lot of talk recently with VR just around the corner. AMD's chips have been catching a lot of attention and I believe 2016 will be a turning stone for the company. I believe shortly (within the week) we'll see it break through the $3 barrier. As VR releases next week I believe we'll see it spike even more. I'll be shorting until Friday, at which...
AMD popped through the .886 fib at 2.01 to peak off that mid point at $3.06 before reversion to $2.28 fib. Looking for a re-test of the mid point near $3. Daily formed a market structure low trigger above $2.47
There's an interesting setup here in the AMD daily chart. After rallying off a base and shooting high, far from the earnings' levels, AMD is offering an interesting short setup. It's worth considering a small entry here, simply based on the size of the target vs the stop loss. The chart shows a potentially complete rising wedge or terminal triangle, which would...
Sometimes waiting is the hardest part of investing. For most poker players, sitting and waiting is part of the game. The best players wait out those premium hands for perfect opportunities. For you non poker players, premium hands are those two cards your dealt (A-A. A-Ks, K-K, A-Qs, Q-Q, A-Js, J-J, 10-10 A-10s), which offer a high probability of winning...
Well, with the recent sell-off AMD is still slow on picking the pace back up. And this is while its RSI7 and CCI21 are in pretty deep oversold, while MACD dipped a lot. Now the picture seems to shed light on a possible good bull turn with the following in play: - RSI and CCI oversold - MACD dipped and turning back to possibly form a long positive trend - RMI is...
Republishing the last chart again - seems that the price indeed likes to bounce and stop from the identified trend ranges. Earnings come in 2 days and as in previous multiple ERs, being at the 4.5+ area the price went down. This year they provided that PC shipments went up this year, but how well this is going for AMD is yet to be disclosed. ER is as risky as it...
Soon after the previous idea AMD went up for the dreaded 4.50 mark. Again it did not breach higher, not even trading there, went straight down after it. Although there is my bad in missing one parallel line from the recent top to the whole predicted channel - it shows how much of a resistance was at that exact place. At this moment we have a good setup for...
AMD recenty broke out of a Wedge but is forming a doji below the level of May 20. It is still basically in a Squeeze and may reverse if it breaks to a lower low from June 4th low.