"Key points to observe for profiting from a downturn: If the price drops below Support Level 1, it's a point to enter for profit from the decline. Support Level 2 serves as a profit-taking point if the candlestick falls to it."
Advanced Micro Devices Inc. ( NASDAQ:AMD ) is grappling with investor disappointment as its projection for artificial intelligence (AI) chip revenue fails to meet lofty expectations, triggering a notable decline in its stock price. The chipmaker forecasted revenue of about $4 billion for its MI300 lineup, an increase from previous estimates but below analysts'...
AMD reports 30-April: Popular stock + Above the average line 150 + Chip field is "HOT" + Fibonacci retracement. Is it possible to climb 42% to all time high? Only an idea and not a recommendation for trading!
If you haven`t bought AMD on the strong buy rating: Then analyzing the options chain and the chart patterns of AMD Advanced Micro Devices prior to the earnings report this week, I would consider purchasing the 170usd strike price Calls with an expiration date of 2024-5-3, for a premium of approximately $2.39. If these options prove to be profitable prior to the...
The last retracement to the downside was about 30%. This has been completed. - The 3 Lines (Long, middle and lower trend) are almost on the bottom. - The RSI is forming a bullish div on the last move. - A green bullish signal appeared. - Price came outside of the BB and closed back inside. Many indications that the downtrend might come to an end soon or has...
On April 25, 2024, I opened a pilot position in NASDAQ:AMD here for a few reasons.. The stock seems to react well at the MA-150 (the orange line) on the daily chart On the weekly chart, NASDAQ:AMD is trading at a meaningful support which is the previous peak from 2022. We should be careful here because the earnings will be released on April 30....
Sentiment Overview: Cautiously optimistic sentiment surrounds NASDAQ:AMD , despite near-term challenges such as supply constraints impacting data center results. Analysts' price targets vary, indicating potential upside ranging from modest gains to substantial increases. Critical Point: The stock is at a critical juncture, with technical indicators suggesting a...
Hello Traders, welcome to today's analysis of AMD. -------- Explanation of my video analysis: After the massive triangle breakout on AMD in 2016, we saw a rally of more than +7.000% towards the upside. After the recent bear market in December of 2021, where AMD perfectly retested previous structure, we saw another rally of +250%. I am now waiting for a retest...
down turn is drying out price has reached the fair value this week all the optimists from last week were scared sentiment is good today or monday I want to see a Wyckoff reversal I suggest to build up position in range 144,5$ - 140$ SL as on chart Exit probably 180$ somewhere, where the bitch scared me out of my down position
Bearish P03 on AMD, breaker block confirmed, I don't think the price will go back much more as a lot of liquidity was taken, I'm targetting the downside liquidity.
AMD went on a good correction phase after touching a recent peak at 220 area following the market's long term trim action. Profit takers has swept the market even the top guns with the likes of NVDA, TSLA, AMZN, AAPL. Based on recent data, it looks like the market's correction has more-or-less come to an end -- and net positioning for most blue chip stocks has...
After seeing NVidia's reaction to there event, SMCI falling and a dead cat bounce. I truly have high hopes for AMD, BUT as we see in the volume profile levels there are gaps to be filled on the downside. But, another thing to take into consideration is the chips act is awarding grants and loans to these companies now. Good news could be the only thing that makes...
Usually, I do not put myself out there like this and front-run. However, I have sufficient evidence that makes me comfortable enough to make an exception this time. While I will not go into the methodology here (unfair to my subs) I will tell you that the chart is in a wave 3 up that is now head-testing the previous H&S pattern. Bulls make money Bears make money...
Here's my new assessment for our beloved NVDA's kid. Retested Neckline for a beartrend. market structure overall was bullish for a while - SPY/QQQ broke and had a trend change but AMD still on the verge of melting down. MACD- RSI no signs of strength
Earnings around the corner. looking some divergence in RSI and MACD. hovering around 50 day MA is key
I feel AMD has been punished unnecessarily. There is a Yearly MACD turning to Green around earning time. I am riding myself on 23 October Calls. Worst, I may double up if it retests 130.
Ive been saying this since last week. Welp, there she goes. only will go lower from here til earnings
This is the price action for AMD. If you have any doubts, make sure to DM here. I have discussed all the levels and my trade action as well. NOTE:SELLING PRESSURE IS WAY TOO MUCH