AMD is on the verge of a breakout. Its a very good buy right now if it can stay about 183. We may face a bit of resistance on the way up at 193. Above 193 our Next target will be 203, 213 and then 227
AMD stock has finally met our 2023 projection, leading us to anticipate a return to support around 150. Following this, it is poised to undergo an Elliott Wave pattern, with Wave 3 potentially reaching up to 300.
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...
0. Notes to follow; 1. Noticed divergence today with NVDA about 1pm or so it started; 2. AMD down over 20 percent; 3. Pivot on the Bear Market situation with AMD is $182.75; 4. Looking for a move above; 5. AMD Here reversing from double bottom or so, $175.55 6. Looks at the bottom of Large Horn Structure, Megaphone Shape, Bulkowski shows Broadening Bottom on AMD
With AMD's price sitting on a key technical support trendline, tomorrow we will see how AMD reacts to China's guideline's to block the use of US chips from AMD and INTC in government computers. With the way AMD has performed over the passed few weeks I wonder if this news is already priced in and does the stock get bought up if it opens red on 3/25 or does the...
Price starting to break out of falling wedge after bouncing off of macro trendline support which was also right around POC, top of most recent Fair Value Gap, and horizontal support. Bullish Divergence was also present on the RSI.
NASDAQ:AMD If the current Point of Control (POC) and Fibonacci support levels fail to hold, NASDAQ:AMD could potentially experience further decline to the $160 area. 👀
breaking out of the downtrend after the rally consolidation over big move about to happen Support at 175 trigger for breakout 182 pt 200 215
There is a current bounce on the Daily Trend Line. I am looking to go long on this security.
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...
Tapering is everything to prove that sellers are weakening and lacking further intention to drop. However, we do have room to the downside to find our green and orange buying continuation/support algorithms. I will not be going long here until I see signs of magenta and teal controlled price and building further liquidity for a sustained move upward. Happy Trading :)
The big overview for AMD in Pure Wyckoffian POV : It looks like current price action, based on wyckoff map ( Atypical Re-Accumulation ), Impending /Undergoing BUEC I just follow the map, if this is true BUEC (Phase D) , then next will be Mark Up (Phase E) Respect risk. Position initiated as attached Absolute Pure Wyckoff
AMD Levels and trendline for possible break. Watch the trendline and the levels for a break on either direction, mostly swing trade / day trade
AMD is a huge problem. After a nice breakout from Bull Flag, it reached ATH and got rejected very hard. From there, it falls on the area of support/area of breakout from Bullflag. From here, AMD needs to recover ASAP, otherwise game is done and ATH won't be seen any time soon. AMD must bounce above blue 50 days MA to stay bullish.
AMD 4Hour Chart Analysis: For educational purposes only, NFA Bullish case: March 27, 2024 1# 4hour forming inverted head and shoulder pattern , means trend reversal 2#RSI Bullish divergence
Need to see it smash that previous support area some and then begin to take off. I wont feel comfy buying until after it closes over the 9ema. NOTE That is has already passed its previous high on longer scale. major uptrend
An activation of white as our support would be amazing news for the bulls - if it can utilize the strength here to break out of our controlled (but strong) selling channels. If we fail white and get pushed down further (early indication of this will be a failure to hold Teal as support), orange is our next step and is not the most bullish signal for us in the...
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...