INTC on a 180 minute chart is in a flat bottom triangle since before earnings. The earnings report was a beat of 20% on earnings and 1.5 % on revenue but apparently disappointed greedy traders expecting more. Price has been mostly sideways. I saw the dip on Tuesday to Thursday as an opportunity to take a call option trade for Friday which had a great return....
Team RED is READY As with any competitor, a quarterly earnings report from a peer can provide great insight into the market. For Advanced Micro Devices, the Q2'23 earnings report from Intel provides great views on the surging demand for AI chips and a rebound in PC demand crucial for AMD The most immediate signal from Intel beating Q2'23 estimates and guiding up...
Ascending channel and coiled up stochastics could point to buying op.
Reason Why Nvidia Will Still Growing Diverse Market Presence: NVIDIA is not just a semiconductor manufacturer; it’s a tech powerhouse. Beyond GPUs for gaming and professional markets, they also create system-on-a-chip (SoC) units for mobile computing and automotive applications. Their expansion into cloud software and services positions them well for...
Overall with the chip sector on FIRE, i like NASDAQ:AMD here to continue its hot streak and hold the $200 whole number. I'm looking for higher highs and looking to take this name long over $205. If the $200 number doesn't hold at support then short opportunity will be available with a price target of $190 - $185. Play this safe!
For AMD, we've continued to see this rise since our last analysis, partly due to very positive news in the market about chips, indicating that chips look very promising in the near future, as expected. AMD rose by 9% yesterday, and pre-market, it's already opening up by 3% higher. We believe that the 161% mark will be reached quite quickly. This Wave (3) could...
Advanced Micro Devices Inc. ( NASDAQ:AMD ) continues its meteoric ascent, with shares surging to new record highs, propelled by the chipmaker's pivotal role in the artificial intelligence (AI) revolution. As NASDAQ:AMD 's market capitalization surpasses the $300 billion mark for the first time, investors are bullish on the company's prospects in the burgeoning AI...
NASDAQ:AMD is currently above a resistance level, and I think the price is very overbought here. There is still some bullishness short-term, but shorts have been getting wrecked and I wouldn't FOMO here. Maybe there could be a short trade setup once AMD stops trending up. I like the current price levels for shorting. I believe semiconductor chip stocks have been...
Hey guys, NASDAQ:AMD has formed a 4hour regular flat with lower degree breakout trend continuation pattern!
Advanced Micro Devices (AMD) has been rising non-stop before February, and gave our last solid buy on our December 12 2023 analysis (see chart below): Since then, it formed a High (Higher High for the 1.5 year Channel Up) on January 25 2024 and Resistance 1. On Friday it touched this level again, which is so far a technical Double Top formation. As long as it...
2023 has witnessed a significant surge in AI-related cryptocurrencies . This boom can be partly attributed to the explosive growth of NVIDIA (NVDA) stock, a leader in the graphics processing unit (GPU) industry, which are used to train AI models. Factors Driving the Growth NVDA's Rise: NVDA's price has been on a tear, forming a bullish manipulative pattern....
Super Microcomputer is on hard run up trend- at its all-time high, this stock is demonstrating a high tight bull flag pattern. In a massive move SCMI is up 180% YTD five months so on pace for 400% annualized. Most experts expect more of the same. It is currently resting in consolidation ( the tight channel of the pattern) The zero-lag MACD shows the...
Strong Revenue Growth: Salesforce’s total revenue for Q2 2024 was $8.603 billion, up from $8.247 billion in Q1 20241. This consistent growth in revenue is a positive sign. Impressive Earnings Per Share (EPS): The basic earnings per share (EPS) for Q2 2024 was $1.4118, up from $0.7562 in Q1 20241. This significant increase in EPS indicates a strong financial...
Momentum, Growth & Innovation: Updated Watchlist www.tradingview.com My updated trading watchlist includes a diverse range of companies across various sectors, prominently featuring technology, healthcare, and finance, among others. These companies, currently part of ARK Invest's holdings, are identified as being in a confirmed Stage 2 uptrend, indicating strong...
AMD stock appears to have lacked strong upward momentum as it couldn't close above the red signal on the daily chart. If the daily chart closes below the red signal again, the initial reaction area could be the Kaufman Moving Average at 167.15. On daily closings above the red signal, it may experience some bounce from the middle band of the channel; however, a...
Here on a daily chart I have the ratio of shares of NVDA to AMD and so the market caps proportions. From September 2022 and for a year NVDA rose more than AMD and so the ratio rose. From September 2023 to January 2024, NVDA fell as compared with AMD perhaps because AMD's rate of rise on a percentage basis exceeded that of NVDA. Since the first of the...
Interoperability platform Wormhole will leverage Advanced Micro Devices' ( NASDAQ:AMD ) enterprise-grade FPGA hardware accelerator chips for scaling cross-chain communication. The project will make use of AMD’s Alveo U55C and U250 adaptable accelerator cards to enhance capacity for secure cross-chain messages using zero-knowledge proofs (ZKPs). As a bridge...
Why Tesla is Poised for a Bull Run Tesla Inc., the leading electric vehicle (EV) manufacturer, has shown remarkable resilience and growth potential, making it a strong candidate for a bull run. Here are some key reasons: 1. Strong Financial Performance Tesla’s financial performance has been impressive. The company’s revenue reached $81.5 billion in 20221, and...