Hi, Advanced Micro Devices (AMD), have been waiting for that pullback and here it is. Advanced Micro Devices designs microprocessors for the computer and consumer electronics industries. The majority of its sales are in the personal computer and data center markets via CPUs and GPUs. Additionally, the firm supplies the chips found in prominent game consoles...
We have some Bearish Divergence on NVDA after reaching the PCZ of a 4 Hour Bearish Shark; if we get some serious followthrough I could see it going down to $400 or even all the way down to about $350 I will be selling multi-week calls around the strike of $425 and $435
NLST has pulled back to its support trend line and 200 Simple Moving Average which all happens to align with a Bullish Deep Gartley PCZ and it is currently Diverging on Both MACD and RSI and could be getting ready to more than double in value from here.
AMD 65m: Displaying relative strength; Intraday KLs 115.48, 117.93,120.20, 121.93, 122.78, 123.51, 125.77, 127.00 // ATR: 4.94, Beta: 1.9, IV: 50.39%, RVOL .69 (on 65m time frame) //Bias: Neutral-Risk On// Price at time of publish 121.97
Great opportunity for AMD. Chart tells you everything. I just opened a long position, Nasdaq still looking strong.
The importance and relevance of chips and their relationship with Artificial Intelligence is not lost on me but with geopolitical tensions on the rise, Government "Chips Acts" enacted around the world and economic conditions tightening in the shadow of the pandemic, I think it is going to take time. The next months and couple years could be incredibly volatile...
Hello Fellow Global Stock Trader, Here's a Technical outlook for AMD Stock! Price Action Analysis After Rebounding on the Fibonacci Golden Ratio Area, AMD has broken out of the bearish channeling pattern. The breakout could confirm a possible bullish trend ahead. The MACD Indicator made a golden cross, signifying a possible upside movement to the target area. ...
As we analyze the 4 hour chart of AMD we have continued to seem the same pattern inside the "macro" blue channel and I believe we continue to grind higher inside this channel. As you can see there are 3 other channels inside the blue channel (the white channels) which show a "bullish" correction then a push higher every time. I am looking for AMD to do the same...
Intel stock is retesting multi-year support, showing a local triple-bottom. It just broke out of resistance, is retesting it as support. If the red resistance lines holds up as support, INTC could quickly reclaim 50-60. Value in this business is being helped along by technology advances and domestic stimulus. Explosion of AI softwares incentivizes chip development...
Check my previous post down below. Intel is taking a little more than I expected to take off, but is because is forming a triple bottom. I just added to my long position. I think this time is going to break it.
I see Micron settling in at around $62/share. I am curious how it is benefiting from the continuing pressure around Taiwan and that impact on $TSMC.
Is this a breakout for intel after forming a 6 month triple bottom?
When Chips are down; invest if you can and hedge if you must. Having soared in 2020 & 2021, semiconductor shares tanked brutally as tremors from geopolitics, sinking consumer confidence and bloated inventory struck. Q4 overhang is dragging the industry down in the near term, which might have set a bearish outlook in the short-term, but times are changing....
About Texas Instruments Texas Instruments (TXN) is a technology company that designs and manufactures a wide range of products, including analog and embedded processing chips. The company operates in two segments, Analog and Embedded Processing, and its products are used in various applications, including automotive, communication infrastructure, industrial, and...
FCX is a good company if your a copper and chips follower. I want to post this to see if the H&S plays out over time..... If so Im a buyer.
NVDA just broke the head and shoulder pattern which indicate to super bullish pattern! Follow me for more! #NVDA #NDAQ #BTC
NVDA a strong bottom for short term. next target 270 in 2023.