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...
I believe this is just a retracement that we're at the tail end of. The parabolic upside moves have been rebalanced and expect a continuation back up here @ some value. +EV
Hello everyone, happy Monday. Here I am presenting my idea of a strong bullish continuation by NASDAQ:AMD going into tomorrow's earnings. Despite the already strong momentum upwards, I believe we see further buying action after tomorrow's earnings into the lower $200s along with strong buying action across broader tech in $PYTH:QQQ. I believe both these...
The AMD (Advanced Micro Devices Inc.) 1-hour chart shows that the price broke out above the 200 moving average, and now it's testing the HL (162.00) level. These breakouts could lead to a more significant downward trend. I expect some bearish action, and the area below the moving average should act as a strong resistance level for the price.
NASDAQ:AMD is dealing with the 100 and 50 SMA as resistance. A bit more sides ways consolidation and I believe it can break it. Support at $159.67 to fill gap along with rsi making a higher low.
NASDAQ:AMD Could go either way as we head into NASDAQ:NVDA earnings later this week.
Talking to some others like Nic pantano on Twitter, this seems like a viable path? Taking calls to liquidity zone, then may aputs to demand zone below.
NASDAQ:AMD 169 TP THIS WEEK ? 6 REASONS WHY Strong Financial Performance: AMD's financial performance has been a significant contributor to its stock price surge. The company's earnings per share (EPS) and forward dividend & yield figures have shown considerable improvement, reflecting a robust financial health that has instilled confidence in...
I can provide a technical analysis of AMD based on the provided data. Here's a brief analysis: *Current Situation:* AMD is currently trading at $164.49, slightly below the short-term resistance level of $164.64. *Recent Trends:* - The stock was oversold on May 1st, 2024, with a support level of $157.30, indicating a potential bounce. - The stock was overbought...
It sounds like you're referencing concepts that are related to market phases or trading patterns, particularly in the context of Information and Communication Technology (ICT). In financial trading, "Accumulation," "Manipulation," and "Distribution" are terms used to describe different stages of market behavior, often observed through the lens of technical...
Initial plan played out well and was posted before DO NOT SLEEP ON THE POWER OF OUTSIDE BARS!
The last hour ended with doji while on hourly TF the price formed a butterfly. would consider as a short-term trade to short from 168 with a target 160-161, stop at 171. (this is a replacement of an earlier idea, as the stock didn't reach 143-145 target and bounced
LV - at Buy zone and see an anchor. AMD looking to take a bounce and rally to 170+ and fill those who were caught off guard during the spiral down. If volume, other bullish indicators are present and break-out of 180, possible push to the V neckline.
I had AMD on my Anti watchlist but, after it failed to push higher it broke a new low. This caused a bearish imbalance and setup us up for a pullback in the downward direction.
4h - still within bearish internal range tomorrow I am looking at bullish towards the 15m FVG and then price could continue upside or go downside towards the 2h first low area to clear out sell side liquidity for the rest of the week. 1h WIP bearish H&S
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...
Since peaking in March'24 Advanced Micro Devices - AMD has been either in a steep correction or moreover: it broke its super uptrend and is now in a downtrend the latter thesis is based on the fact that if it's just an Elliott wave 4 correction - it's way too long: assuming uptrend wave 1 was 80 and wave 3 was 134, it has now retraced to a local low of 141,...
AMD is still below the key level following the bearish breakout detected on the channel. We anticipate a continuation of the bearish trend, possibly retesting the key level at the bottom.