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...
Amd recently broke out when it cleared prior resistance at roughly $185. it has since shown some weakness and a possible pullback to that $185 area. The 1hr TF shows that we have started to pivot and a break of the $200 whole number was confirmation as well.
Advanced Micro Devices (AMD) has hit the top of the Fibonacci Channel Up last week and immediately got rejected, closing the 1W candle almost flat. This is a significant 1 week turnaround, which may evolve into a bearish reversal as the 1W RSI gave the strongest sell signal possible. That is reversing on the 82.50 (overbought) level, which since the 2009 bottom...
I am out of this ETF and we have a shooting star pattern worth your consideration. Not financial advice, DYOR.
We have a nice topping pattern and shooting star on multiple time frames. Not financial advice, DYOR.
NASDAQ:AMD to $155 still a go if we can close between the 20DMA/EMA cross here... NASDAQ:AMD
AMD looks like it still has a lot more steam left. More so than NVIDIA. If I was holding NVIDIA I would sell and put it into AMD probably now. I see a move up into the $600 range, hard telling what a top would be but that rising channel resistance will probably hold. Once rejected off that resistance itll be a slow and steady decline back down to double...
AMD on the 15 minute chart breakout through anchord VWAP bands starting on February 29th from the mean anchored VWAP support. Two days later finding itself extended to the second upper VWAP band, price corrected over the next day down to the first upper band and then after a few hours reversed and headed back toward the second upper band going...
Soaring demand for the chips needed to train the latest wave of generative artificial intelligence systems such as ChatGPT led Nvidia to issue a revenue forecast far ahead of Wall Street expectations, prompting a surge in its stock price in after market trading. The US chipmaker on Wednesday said it expected sales to reach 11bn dollar in the three months to the...