... looks like the price wants to reach for the pigs sitting in 30-jan and 21-feb at 163$ because the range 25-jan to 28-feb was full of guys for down and the move 29-feb was played by the BigMoney in a lazy way so that many of you left in the places marked as PIG. Now the bears have been fucked, from 8-march we must take care of the bulls. The bulls can't...
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.
Could finish the trajectory by April 12th if bullish outlook continues. NASDAQ:AMD
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.
This is my bullish trend idea. However, wait for clear trend continue moment and wait for trend continue after can entry . This is my opinion, not for any signal service. Good luck.
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 :)
AMD Levels and trendline for possible break. Watch the trendline and the levels for a break on either direction, mostly swing trade / day trade
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
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.
There is a current bounce on the Daily Trend Line. I am looking to go long on this security.
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.
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...