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Advancedmicrodevices

AMD laying path to the All Time High.Advanced Micro Devices (AMD) hit our 133.15 target that we called for a month ago (see chart below): The price is now extending the rise within the multi-month Channel Up, approaching the 0.618 Fibonacci Channel level. This is where the March 23 High was made with the rejection that followed, approaching the 1D MA200 (orange trend-line). As long as the short-term Channel Up (as you see it is a very common pattern within the wider structure) holds, we will be bullish, targeting 160.00 (Fibonacci 0.786 and close to the All Time High). If the short-term Channel Up breaks, we will sell and target the 0.236 Fibonacci and 1D MA200 at 110.00 (or if contact is made higher, then close on that price). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:AMDLong
by TradingShot
Can Nvidia Be Knocked Off The AI Top Spot?AMD's recent launch of the Instinct MI300X AI chip marks a significant entry into the AI chip market, challenging Nvidia's dominance. Supported by Microsoft and Meta, this innovative chip positions AMD as a strong competitor in the sector. Analysts predict AMD could capture about 10% of the AI chip market, a notable achievement considering Nvidia's current market stronghold. Following the announcement, AMD's stock witnessed a nearly 10% surge, indicating strong investor confidence in the new product's market potential. In contrast, Nvidia saw a modest 2.4% increase in its shares. Despite this, Nvidia has experienced a substantial 2.15% increase in its stock value over the past year, showcasing its robust market presence. AMD's ambitious goal to achieve $2 billion in AI GPU sales by 2024 underlines their commitment to the Instinct MI300X's success. Meanwhile, Nvidia, currently in a consolidation phase, fluctuates between support and resistance levels of $400 and $500, respectively. The introduction of the Instinct MI300X by AMD heralds a new era in the AI chip market, setting the stage for an intense competition between these tech giants.
NASDAQ:NVDALong
by Sublime_Trading
AMD Surges After Launching AI chip that Could Challenge NvidiaAMD unveiled its MI300X chip, an AI-centered semiconductor designed to challenge Nvidia's global market dominance. Advanced Micro Devices (NASDAQ: AMD) shares jumped in early Thursday trading after the semiconductor group unveiled an AI-focused chip for the data-center market, which it says could be valued at as much as $45 billion over the coming years. AMD, which in June pegged the total addressable market for data-center chips at around $30 billion, launched the MI300X chip, designed to support generative-artificial-intelligence technologies. And it unveiled a next-generation semiconductor focused on supercomputing, the Instinct M1300A. The MI300X, analysts say, could challenge Nvidia's NVDA dominant H100 graphics-processing-unit chip in the large-language-model AI market. Last month, AMD said the new chip could generate $400 million in fourth-quarter sales while the broader family of MI300 semis are expected to see sales of more than $2 billion over the whole of 2024. Large language models "continue to increase in size and complexity, requiring massive amounts of memory and compute,” CEO Lisa Su said during last night's launch event at the company's Santa Clara, Calif., headquarters. “And we know the availability of GPUs is the single most important driver of AI adoption.” Advanced Micro Devices shares were marked 2% higher in premarket trading to indicate an opening bell price of $119.12 each. Such a move would nudge the stock into positive territory for the past six months. AMD last forecast fourth-quarter sales in the region of $6.1 billion, plus or minus $300 million, with gross margins of around 51.5%. That outlook following a mixed third-quarter-earnings report that showed big gains in PC revenue had partly offset the ongoing decline in gaming. "While AMD acknowledged that its software can be further improved, it has reached the point of being 'good enough' for volume deployment," said KeyBanc Capital Markets analyst John Vinh. He reiterated his overweight rating on the stock following last night's launch event. "We're encouraged that AMD has released a competitive AI GPU within a massively fast-growing (total addressable market), with endorsements by many high-profile customers," he added. Technical Analysis The RSI (14) is at 56.52, indicating a bullish momentum. The MACD (12,26) is at 0.68, suggesting a positive trend. AMD is trading near the top of its 52-week range and above its 200-day simple moving average. Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
NASDAQ:AMDLong
by DEXWireNews
5
Advanced Micro Devices Inc (NASDAQ:AMD) Soaring As Market GainsAMD made significant revenue and unit share gains in the server, laptop, and desktop PC markets during the last quarter. Year-over-year, AMD gained 5.8% unit share in desktop PCs, 3.8% in mobile, and 5.8% in servers. Looking at the percentage of the cash AMD gained compared to its rivals (revenue share) year-over-year, AMD gained 4.1% in desktops, 5.1% in notebooks, and 1.7% in servers. The preceding quarters were challenging both for the consumer PC and server markets as chipmakers and their clients tried to normalize inventory levels and align supply and demand. The situation has largely normalized for the two major CPU suppliers — AMD and Intel — in the third quarter as PC makers started to purchase processors for back-to-school and holiday seasons, whereas server makers ramped up production of machines based on the latest EPYC and Xeon platforms. Overall, AMD was luckier than Intel in Q3 2023 as it gained share, according to Mercury Research. As it turns out, AMD has gained client and server CPU market share both quarter-over-quarter and year-over-year in the third quarter of 2023, based on data from Mercury Research. The data does not include numbers for Intel and Arm, though, given the dominance of AMD and Intel in client PCs, we can guess that AMD's gains were at Intel's expense. Technical Analysist Price Momentum AMD is trading near the top of its 52-week range and above its 200-day simple moving average. What does this mean? Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
NASDAQ:AMDLong
by DEXWireNews
AMD A great long-term buy. First Bullish Cross after 1 year!Advanced Micro Devices (AMD) rose on its most aggressive 1W green candle last week since May 22, as it tested and closed above the 1W MA50 (blue trend-line), which is the long-term Support. This MA level was also tested and held on the week of May 01, which shows that the market has a clear buy zone, despite at times the not so encouraging macro-economics. Last week's rise also broke above the 5-month Channel Down, which puts it back as a long-term Bull Flag, as it also held the Higher Lows Zone from the October 2022 market bottom. Perhaps the most important development is the emergence of a Bullish Cross on the 1W MACD, the first since November 14 2022, essentially after a whole year. The minimum rise of AMD's bullish legs since then was +35.24% so we expect this to be fulfilled at $126.00 and then buy the pull-back on the 1D MA50 (red trend-line). With that, we will target $133.15 (Resistance 1). That bullish leg has the potential to test the $164.85 All Time High (ATH) and we will buy it if we close a 1W candle above Resistance 1. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:AMDLong
by TradingShot
1
AMD: Not long term bullish yet.Advanced Micro Devices has had an enormously bullish day as a natural result of yesterday's better than expected earnings and this rise closed the session almost at the top of the Channel Down pattern. This was enough to turn the 1D timeframe bullish (RSI = 59.297, MACD = -1.230, ADX = 33.876). This however isn't yet a long term buy signal buy for the first time since June, it is an encouraging one as it is being executed after a 1D MACD Bullish Divergence, on a Bullish Cross too. However we will only buy for the long term after the price crosses over the R1 level and then retests it as Support. If fulfilled, our target will be the 0.786 Fibonacci level (TP = 124.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:AMD
by InvestingScope
ADVANCED MICRO DEVICES Huge bullish break out in the runs.Advanced Micro Devices / AMD is above the 1day MA50 testing Falling Resistance 2, which is the final Resistance level before a complete technical bullish break out. This move was generated after a textbook test and rebound on the 1day MA200, inside the Higher Lows Zone of the long term uptrend. With the 1day MACD on a Bullish Cross, if the Falling Resistance 2 level breaks, buy and target 128.00 (+35.40% rise, the minimum so far on a 12 month range). Follow us, like the idea and leave a comment below!!
NASDAQ:AMDLong
by TheCryptagon
7
Adv. Micro Dev. (AMD) -> Breakout TimeMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term wealth! In today's anaylsis I want to take a look at the bigger picture on Advanced Micro Devices. Just 9 months ago - after a quite harsh drop of more than 60% - Advanced Micro Devices perfectly retested the 0.786 fibonacci retracement level and reversed towards the upside. With the overall trend still being massively bullish I am now waiting for and expecting a bullish breakout of the current flag pattern with my upside target being the previous all time high. - - - - - - - - - - - - - - - - - - - - I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy. Keep the long term vision🫡
NASDAQ:AMDLong
by basictradingtv
40
Advanced Micro Device Can we bounce from 21 Weekly EMA?Hi Guys! This is a Technical Analysis on Advanced Micro Device (AMD) on the 1 Week Timeframe. Previously i posted a chart on the Daily Timeframe, mentioning of a potential breakout to the upside. But it was short lived as a fakeout, and we are down 7ish% since then. To get an understanding of what went wrong, i decided to analyze the Weekly timeframe to get a bigger picture. As you can see: We have closed BELOW the SUPPORT line of the triangle. We have also closed below this short term RED Horizontal support line. And we are now Testing SUPPORT on the 21 Weekly EMA. This is a Major development in my opinion. 21 EMA is used to determine trend: ->If its ABOVE = BULLISH ->If its BELOW = BEARISH Whenever we are ABOVE the 21 EMA, its important for the BULLISH trend to have price action test SUPPORT on the EMA, every now and then. For the BULLISH Trend to continue, we need CONFIRMATION that the 21 EMA indeed acted as SUPPORT. But there is also the case, of the 21 EMA not being able to maintain SUPPORT. So whats more likely in our current situation? In my Opinion, its becoming more likely or probable that we BREAK BELOW 21 EMA. For me and for more evidence i like to use INDICATORS. Ive highlighted some Scenarios that mirror our current developments in the 3 indicators ive added. Notice the Differences between how far we drop under the 21 EMA and the variations found in the indicators. For Price action to weaken and drop below 21 EMA, 3 things need to happen: 1. RSI -> Showing the Orange line break support and move BELOW the Black line. The longer stay below and continue lower, more likely for price declines. 2. MACD -> BEAR CROSS, (Blue line below Orange line) and the appearance of Red Histogram. 3. STOCH RSI -> Below the 20 level. The longer we stay below this level, more likely for price decline We are currently in this SCENARIO, highlighted by BLACK BOX. So now to determine exactly how far BELOW we go, If we do break SUPPORT. To gauge at that, we look LEFT and we look at the specific changes/ differences in the indicators. For LARGER PRICE DECLINES like in Scenario #3 and #4 -> MACD Histogram Bars were LARGE -> MACD Blue/Orange lines moved BELOW 0 level -> STOCH RSI for #3 continued for about 133 days (longest compared to other scenarios). -> RSI Orange line stayed below Black line for extended period Now notice #1 and #2 -> The indicators didnt show extreme variations as seen in #3 and #4 -> Scenario #2 Price action was below 21 EMA for a decent amount of time but it was consolidating, rather than having a major decline. -> Though the RSI Orange line was below the Black for extended time, -> the STOCH RSI was at oversold area for 119 days, -> the MACD Orange/Blue line NOT dose diving BELOW 0 level, helped price action maintain a range before moving back over 21 EMA. We have to keep in mind though that history DOES NOT have to repeat and that a new scenario can be possible BUT Main thing to watch is the size of the histograms of the MACD and whether or not we stay ABOVE the 0 level, in my opinion. A level to look at is the SUPPORT line labeled "MAJOR SUPPORT". IF we do close BELOW 21 EMA, it becomes more likely we test this line. ________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on AMD in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
NASDAQ:AMDShort
by SafofAllTrades
Advanced Micro Device Symmetrical Triangle Break/ Swing Hi guys this is a Technical Analysis on a Swing Trade opportunity for Micro Advanced Devices (AMD) on the 1 Day Timeframe. Crruently, we are in the process of breaking out of the Upper trend line of the Symmetrical Triangle. Notice how we are coinciding with the previous candles WICK. Now before taking any trades, make sure that the breakout is CONFIRMED. Which i will update on the confirmation. If would be positive for this breakout if we test SUPPORT on this Upper trendline of the Triangle. KEEP WATCH of FAKEOUTS, where we enter back into the triangle*** Our 1st Target = $125 - $132 range Our next target and what i'd love to see is if we get ABOVE this range and act as SUPPORT on the "MAJOR RESISTANCE" line. This MAJOR RESISTANCE line coincides with our TOP on Novemeber 2021. Lets look at some more CLUE that will help strengthen this breakout in the INDICATORS: RSI -> Notice how the RSI is coiling up in this range between the BLACK lines. -> If we break above the UPPER line, this would indicate a trend change and will be a catalyst we need. STOCH RSI -> Is showing a BULLISH CROSS. This would inject momentum into the breakout and help it move towards Target 1. MACD => Is also showing that we have BULLISH momentum coming in, with the print of the GREEN histogram and BUllish cross inching towards the 0 level. -> If we get above this 0 level with the cross, it will further the Bullish Momentum case. TRADE IDEA: STOP LOSS 5% below the Upper Trend Line of the Symmetrical Triangle Scale in your buy orders CONCLUSION: We are in the process of breaking a Symmetrical Triangle which will require confirmation for validity. The first target is highlighted on the chart, with the best course of action being us breaking ABOVE the MAJOR RESISTANCE line and having it act as SUPPORT. Our indicators are either showing signs of a bullish case or is in the process of exhibiting such signs. Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. When trading always spend majority of your time on risk management strategy.
NASDAQ:AMDLong
by SafofAllTrades
AMD Still a buy as long as the 1D MA100 holds.Advanced Micro Devices (AMD) is trading on its 1D MA50 (blue trend-line), still within the 10 month, maintaining its buy status. As long as the 1D MA100 (green trend-line) holds, we will be long and target the 165.00 All Time High (ATH). If the price closes a 1D candle below the 1D MA100, we will take the loss and open a sell, targeting the 0.5 Fibonacci level at 95.00, on a potential contact with the 1D MA200 (orange trend-line) too, which is intact since March 02. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:AMDLong
by TradingShot
6
AMD -> New Major Bullish CycleHello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of AMD 💪 As you can see on the monthly timeframe AMD stock perfectly retested the 0.618 fibonacci retracement level of the previous bullish cycle and already started a quite nice rejection. On the weekly timeframe you can see that AMD retested the 50% fibonacci level and also filled the gap which was created a couple of weeks ago so everything is pointing towards more bullish growth. Finally I am waiting for an entry signal on the daily timeframe - specifically AMD breaking above the current resistance at the $115 area and then I also do expect another daily push higher. Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈 Thank you for watching and I will see you tomorrow! My previous analysis of this asset:
NASDAQ:AMDLong
by basictradingtv
37
AMD Target $132 - Pump expected soon🐂 Trade Idea: Long - AMD 🔥 Account Risk: 1.00% - 5.00% 📈 Recommended Product: Knockout / Option (for 1.00% position) or Stock (for 5.00% position) 🔍 Entry: +/- 108.00 🐿 DCA: Yes, down to 102.89 😫 Stop-Loss: 93.05 🎯 Take-Profit #1: 132.82 🎯 Take Profit #2: 150.00 🎯 Trail Rest: Yes (trail after TP #1) 🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no matter how good they look. Do not get a victim of FOMO, there is always another trade idea waiting. 🚨🚨🚨 If you like what you see don’t forget to leave a comment 💬 or smash that like ❤️ button! — AMD hit a larger weekly resistance zone around 132.00 and retraced from there building a double top and a break through the former local low at around 116.00. We might see a move up to that yellow resistance at 116.00 before we finally go south into the support zone. Unless that former high at 102.89 isn’t broken together with that trend line we remain bullish and expect a continuation of that uptrend. — Disclaimer & Disclosures pursuant to §34b WpHG The trades shown here related to stocks, cryptos, commodities, ETFs and funds are always subject to risks. All texts as well as the notes and information do not constitute investment advice or recommendations. They have been taken from publicly available sources to the best of our knowledge and belief. All information provided (all thoughts, forecasts, comments, hints, advice, stop loss, take profit, etc.) are for educational and private entertainment purposes only. Nevertheless, no liability can be assumed for the correctness in each individual case. Should visitors to this site adopt the content provided as their own or follow any advice given, they act on their own responsibility.
NASDAQ:AMDLong
by LGNDRY-Capital
1
AMD -> Targeting The All-Time-HighHello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of AMD 💪 Just a couple of months ago AdvancedMicroDevices Stock perfectly broke above a major monthly downtrend line and since then created a bullish rally of roughly 70%. On the weekly timeframe you can see that AMD just retested previous weekly structure at the $108 level and in confluence with a 50% fibonacci retracement level I do expect the continuation towards the upside from here. The daily timeframe however is currently not bullish on AMD and the stock is retesting resistance at the moment so I am waiting for a bullish break back above the structure before then the daily timeframe is perfectly aligning with the overall long term bullish picture. Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈 Thank you for watching and I will see you tomorrow! My previous analysis of this asset:
NASDAQ:AMDLong
by basictradingtv
39
Advanced Micro Devices (AMD) | Technically a Good Opportunity!Hi, Advanced Micro Devices (AMD), have been waiting for that pullback and here it is. Advanced Micro Devices designs microprocessors for the computer and consumer electronics industries. The majority of its sales are in the personal computer and data center markets via CPUs and GPUs. Additionally, the firm supplies the chips found in prominent game consoles such as the Sony PlayStation and Microsoft Xbox. AMD acquired graphics processor and chipset maker ATI in 2006 in an effort to improve its positioning in the PC food chain. Technically the area around $100 is the key level for AMD. Again, this round number, this psychological number plays a big role on the stock charts. Technical analysis is not so hard just observe these nr's, and you should be okay ;) To the point, let's describe and count the criteria which make me think that this shown box can be a good spot to grab it: 1. The round number $100 is one of them in the list which can act as a good support level but around it has several quite good criteria which match with it... 2. The strong horizontal price zone. The strongest criterion and probably the strongest price range on the entire AMD chart. We have quite a few things which confirm it. Firstly, $90 to $105 has had multiple rejections in either direction since the end of 2020. It has worked as a support level, it has worked as a resistance level - 9 times this range has changed some direction on the chart. The second confirmation that it is a strong area is the breakouts. In July 2021 the price of AMD managed to break the first time above $100 and made a perfect retest after that which guides the price to ATH levels. The break was made with a strong and powerful candle. The power is needed to make this happen. This time we have two strong weekly candles smashing down the $100, so the power is there and currently we haven't seen a retest yet. We'll wait for it. So, the strong horizontal level is confirmed with strong breakouts and can act as a key support level to end the short-term correction. 3. Fibonacci retracement 38%. Fibo 38% retracement level is great when we have some sort of momentum involved in stocks. Currently, I can say and obviously, you can see, that there is momentum. Perfect match with other criteria and one extra confluence factor added to the optimal buying zone. 4. The trendline. There are two types of trendlines. One is drawn from bodies (dotted: from candle closes, from weekly closes) and the second one is drawn from wicks. Never try to draw from the wick to the body or vice versa. The trendline is the most subjective criterion considering technical analysis and the rules must have in place! Currently, the sweet spot should stay in the middle of these trendlines and it also matches this possible reversal box. 5. In general price action with new mid-term higher highs (HH) and higher lows (HL). 2022 was full of new lows without a single higher high. 2023 is the opposite, since the beginning of 2023 we have seen a strong uptrend with clean and strong higher highs and higher lows. It will give us that needed confirmation that investors are interested in and we have to figure out from where we can jump in... - Considering technical analysis then the optimal buying zone should stay between $90 to $105. Good luck, Vaido
NASDAQ:AMDLong
by VaidoVeek
2
AMD -> Almost Ready For Another PumpHello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that AMD just recently perfectly retested and already started to reject a major previous weekly structure zone at the $130 level. You can also see that the next weekly support zone is at the $100-$105 area - I definitely do expect AMD to retest this support before I then do expect some bullish rejection and an overall continuation of the underlying uptrend. On the daily timeframe you can see that AMD just created a beautiful double top formation which is a classic bearish reversal pattern so there is the possibility that we will first see more downside to retest the $105 support before we will then see a bullish rejection. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:AMDLong
by basictradingtv
44
AMD to $140 very soon - AI Bubble WaveAMD I expect to see a move higher to $140 in he coming weeks. We have closed the gap and now I see us finding support at the 50 day EMA which will lead to a reversal back to the swing highs and beyond. This is a AI bubble which has only just begun... many of you reading this may not agree with many valuations including AMD, however I would encourage you to ride this AI wave as you can make a lot of money from it as it still has a long way to go.
NASDAQ:AMDLong
by DailyMarketMovements
2
AMD to close its gap?Advanced Micro Devices - 30d expiry - We look to Sell a break of 115.68 (stop at 122.08) Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. We have a Gap open at 25/5 from 108.27 to 117.31. A higher correction is expected. We are trading at overbought extremes. In our opinion this stock is overvalued. Our profit targets will be 100.68 and 97.68 Resistance: 125.00 / 132.83 / 135.00 Support: 115.80 / 108.00 / 102.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NASDAQ:AMDShort
by VantageMarkets
AMD -> Wait For This SupportHello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that AMD stock is currently retesting and already starting to reject a quite nice previous weekly resistance area at the $130 level. You can also see that the overall uptrend is still valid, after the recent 50% pump AMD is definitely ready for a correction though so I am now just waiting for a correction back to the next support zone at the $105 level before I then do expect more continuation towards the upside. On the daily timeframe you can see that market structure is still bullish, I am also not really interested in actually shorting AMD, instead I am waiting for a retest of the $105 area and some bullish confirmation and then I do expect another rally towards the upside from there. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:AMDLong
by basictradingtv
39
SasanSeifi 💁‍♂️AMD👉12H 118 / 126 ? LETS SEE!▪️ Hello everyone ✌ By examining the chart in the time frame of 12 hours,as you can see, due to the break of the dynamic resistance, the price faced buying pressure after a slight fluctuation from the $95 range and managed to grow to the $102 range. It is currently trading in the 102 range.📊 ‎📈The scenario that we can consider, in case of breaking the important resistance range and stabilizing above the $108 range, after the fluctuation, the price will grow again to the desired targets of the 118/126 range. ❗️ 🔸We have to see how how the price will react to the important resistance range of $108.⚠️ Otherwise, it may be rejected from the range of $108.‼️ ⚠️Keep in mind that maintaining the range of $95 is important to continue the positive trend. ▫️The current price : 102.38💲 ▫️TF : 12-H ❎ (DYOR)...⚠⚜ What do you think about this analysis? I will be glad to know your idea 🙂✌ IF you like my analysis please LIKE and comment 🙏✌
NASDAQ:AMD
by SasanSeifi
AMD -> Uptrend Will ContinueHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that AMD is actually approaching a quite nice previous weekly support/resistance area which is now turned resistance again. You can also see that weekly market structure is beautifully bullish, AMD is always creating new higher highs and higher lows, so I am now just waiting for a short term rejection away from the resistance before I then do expect more upside potential. On the daily timeframe you can see that AMD is showing some rejection at the $110 level which was also previous daily resistance, so I am now just waiting for a retest of the $98 level before I then do expect a new fresh rally towards the upside from there. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:AMDLong
by basictradingtv
48
AMD under bearish divergence influence.Advanced Micro Devices - 30d expiry - We look to Sell a break of 92.69 (stop at 98.08) Posted a Double Top formation. Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. This is currently an actively traded stock. In our opinion this stock is overvalued. A higher correction is expected. A break of the recent low at 92.87 should result in a further move lower. The bias is to break to the downside. Our profit targets will be 79.69 and 77.69 Resistance: 98.00 / 102.43 / 104.59 Support: 95.00 / 92.87 / 89.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NASDAQ:AMDShort
by VantageMarkets