If you haven`t bought AMD here: or here: then you should know that AMD is trading at a 61% forward P/E ratio discount versus the 5 year average! The Goldman Sachs Group has an $133 price target for it! Looking forward to read your opinion about it.
$AMD had a decent bounce yesterday after the market liquidation episode on Wednesday. A close above $100 this week, keeps the recent pattern intact. We expect this semiconductor leader to outperform in case the market has indeed found a bottom. A move above $106 next week will solidify this thesis.
Both charts can be observed to have an upward trend (green) Before recent movement upwards price dipped in both cases below this green line (in orange) Both share choppy price action for a very long time, which is followed by a large breakout Biggest chart difference is the timeframes, AMD is 3M, while Tesla in Monthly
AMD has a History of outperforming Earnings Estimates. I believe this provides Stark Fundamentals, in order to support the TA Case for a reversal to the upside: > Q1 2021 18% higher than expected > Q2 2021 16% higher than expected > Q3 2021 9% higher than expected > Q4 2021 21% higher than expected With the above earnings in mind. The last 4 Quarterly...
An idea for AMD which suggests a pullback yet a support find above a major Trendline Price action is very interesting in yellow, as it moves around the top of the circle (2.618) White bars pattern is a guess of future price action (allowing support to be found at the Trendline.
$AMD on daily Potential Cup and Handle (check next week for handle status) What are your thoughts? Thanks, Kelly
Advanced Micro Devices ( NASDAQ:AMD ) Sector: Electronic Technology (Semiconductors) Market Capitalization: 161.076B Current Price: $99.42 Breakout price: $100.00 Buy Zone (Top/Bottom Range): $97.85-$84.75 Price Target: $113.80-$117.60 (1st), $138.30-$141.40 (2nd) Estimated Duration to Target: 20-21d (1st), 38-40d (2nd) Contract of Interest: $AMD 5/20/22 100c,...
AMD entered the Buy area on oversold level predicted here: AMD Q1 2022 Earnings: EPS $1.13 vs $0.91 expected Revenue $5.9B vs $5.2B expected On 4/25/2022 Raymond James Upgraded AMD from Outperform to Strong-Buy setting a price target of $160.00 I think a reversal to $102 is most likely. Looking forward to read your opinion about it.
So much confluence, volume profile looks ripe and similar to previous capitulations, looking so good.
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
$AMD broke daily cloud. Can rip to 128. Bought the 124 call 4/1/22 for 1.65.
For the past week we’ve been saying how the Semiconductors #SOX and NASDAQ-100 #NDX continued to not only trend in the same direction but their expansion between each other was evident of liquidation pressures continuing. These were even more evident as the 50 day moving average and 200 day moving average became dominant components of resistance. Nothing good...
Valid support area with trend lines, weekly 50SMA and demand line could lead to a bounce if the Weekly Hidden Bullish Divergence begins forming.
Advanced Micro Devices Short Term - We look to Buy at 101.31 (stop at 96.59) We look to buy dips. 100.00 continues to hold back the bears. Trading close to the psychological 100.00 level. We expect a move higher in a corrective sequence, targeting Fibonacci retracement levels. Our profit targets will be 114.62 and 123.06 Resistance: 120.00 / 145.00 /...
AMD so far has completed 3 waves within this larger degree W-3, within an even larger degree W-1. Now, the uptrend is becoming exhausted, and the stock needs time to rest. Personally, I have sold covered calls against my AMD position to preserve some of the gains I've made over the last few weeks. I will be interested in adding to my position in the 112-115 level....
AMD is coming out of the Wave 2 macro and into the strongest Wave.... Wave 3. I want to see 150s by May.
A chart for AMD showing bullish activity and price entering a major channel A phase like this has been seen previously and has been marked with corresponding colours A giant falling wedge is the culprit for the recent bullishness One more final move up until top at 1.272