AMD - Head & Shoulder breaking down? Ai is slowing down?
Anybody could explain to me how to avoid a take profit order being filled on tops of wicks ? In this example I'm backtesting AMD gettex whole history. First of all I think this 900% wick is erroneous data. Then, I activated the option "After order is filled" and I'm backtesting the 1W timeframe. This bug gets triggered often on stop sell orders. I think I...
As of 10 April 2024, AMD PE ratio is at 334. It had a long failed upward candle on 8 March 2024. Downside till 95 dollars.
AMD is bearish on its 1D technical outlook (RSI = 39.240, MACD = -3.040, ADX = 37.221) as it got heavily rejected on the 1D MA50 last week. Nonetheless, it is close not only to completing the -28.56% decline, which is the maximum fall it has had since the October 13th 2022 bottom, but also near the S1 level (162.00), which is February's low. The chart shows that...
After an impulse move down, AMD is showing balance at a key level. A move away from this area should be violent. Wait on the break and hold to enter.
NASDAQ:AMD is currently forming a H&S pattern on the weekly chart. I think the price will continue to chop in the right shoulder range until earnings, at which point the price will begin its decent to the lower extremity of the weekly Zig Zag Channel ($140 range). In the meantime, I am watching the Value Area H&L levels shown on the Anchored Volume Delta...
AMD Long target 27 fib, EMA 200 and SMA 200 confluence zone
I initiated a trade @ 185, as this appears to be the breakout of resistance. I have a short term target of 213 and longer of 230
NASDAQ:AMD AMD clear Head and shoulders pattern price filled gap and broke downside could see 150 - 145 Put Protection for positions or exit.
Ive been saying this since last week. Welp, there she goes. only will go lower from here til earnings
Multiple attempts on the same level. succeeded in one break out but then came back to that level. "sympathy run up with nvda" fib level resistance. wickly candles looks like buyers exhaustion
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 weekly lack of follow trough set up. I just would like to check it in a couple of weeks and see what the price did.
AMD's main competitor intel is teaming up with google and qualcomm to take down NVDA via the UXL Foundation. Further, intel just got a massive 20 billion cash injection from the federal government. this will give intel a massive competitive advantage over AMD. AMD is currently forming a head and shoulders formation. Leap puts will print.
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
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 :)