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AMD

🍣 Sushi's Culinary Chart: Ready to PUMP! 🔥SushiSwap (SUSHI) is simmering in a trading cauldron, mirroring the patterns seen in LINK's historical moves. The chart reveals a massive consolidation, setting the stage for potential fireworks. Let's dissect the current SUSHI landscape, characterized by a significant range and manipulation, hinting at an imminent bullish surge. Chart Analysis: SUSHI, the LINK Doppelganger SUSHI's chart echoes the historical movements of LINK, showcasing a pronounced consolidation phase. This strategic pause often precedes a powerful move, making it a keen point of interest for traders. The recent price action suggests the potential for a manipulation play under this range, a prelude to what might be an impressive upward thrust. Next Stage: Sizzling Rally to $15 If historical patterns persist, SUSHI could be gearing up for a dynamic move. A robust pump, propelled by the energy accumulated in the consolidation, could be on the horizon. The target? A tantalizing $15, marking a significant leap from the current range-bound levels. Trading Strategy: Preparing for SUSHI's Culinary Delight For traders eyeing SUSHI, the current consolidation provides a unique opportunity. As the price hovers within the range, anticipation builds for the imminent breakout. A vigilant eye on the charts and strategic entry points could position traders favorably for the expected rally to $15. Conclusion: SUSHI's Flavorful Future SUSHI's chart is evolving into a compelling narrative, reminiscent of LINK's historical moves. The ingredients of consolidation and manipulation suggest a savory surge may be in the making. As SUSHI simmers in the range, traders prepare for a culinary delight, with $15 as the tantalizing destination. 🍣 SushiSwap Analysis | 📉 Consolidation Recipe | 🚀 Target: $15 ❗See related ideas below❗ Are you ready to dine on the SushiSwap surge? Share your thoughts, strategies, and SUSHI predictions in the comments! Let's savor the unfolding story of SushiSwap together. 💚🔥💚
Long
by Yaroslav_Krasko
High-Stakes Trading Alert: Gold, AMD, and NVDA! Risky Trades 🚨 Brace yourself for an adrenaline-pumping trading session! In this video, we're diving into the risky world of trading with three bold ideas: Gold, AMD, and NVDA. 📉📈 Our analysis unveils the potential risks and rewards associated with these trades, providing you with valuable insights to navigate the market. Whether you're a seasoned trader or a risk-taking enthusiast, join us on this thrilling journey as we dissect the charts and strategies for these high-profile assets. Remember, with great risk comes the potential for great reward – let's embark on this trading adventure together! 💼💡 #TradingAlert #RiskyTrades #Gold #AMD #NVDA #StockMarket"
NASDAQ:AMDShort
by MoemenAwadalla
PYR: Breakout Target 50$ by 2024🚀 Exciting developments are underway as Vulcan Forged PYR (PYR) makes a notable exit from a significant accumulation phase. The charts suggest a potential retest of the upper boundary of this range, setting the stage for a breakout with a target of $50 by the end of 2024. Let's dive into the details of this emerging opportunity. 📈🔍 PYR's Accumulation Breakout: Accumulation Dynamics: PYR has shown signs of accumulating within a range, indicating a period of gathering momentum before a potential price move. Exit from Accumulation: The recent breakout from this accumulation phase is a noteworthy development, suggesting that PYR is gearing up for a new trend. The Retest and Breakout Scenario: Retesting Upper Boundary: It's common for assets to retest the upper boundary of a range after a breakout. PYR might revisit this level, providing an opportunity for traders to confirm the strength of the breakout. Targeting $50: The bullish sentiment surrounding PYR leads us to set a target of $50 by the close of 2024. This ambitious goal aligns with the potential of the current breakout. Trading Strategy: Retest Confirmation: Wait for confirmation through price action, ensuring that the retest of the upper boundary is met with bullish momentum. Volume Analysis: Monitor trading volume during the retest and subsequent breakout. Increased volume can validate the strength of the upward move. Long-Term Outlook: Considering the target of $50 by the end of 2024, investors may evaluate PYR as a potential long-term opportunity. Conclusion: PYR's emergence from accumulation signals a significant shift in market dynamics. As the cryptocurrency landscape evolves, strategic traders and investors can position themselves to capitalize on the potential breakout, with the ambitious target of $50 on the horizon. May your trades align with the momentum of PYR's breakout, and the crypto journey be filled with success. ❗️Get my 3 crypto trading indicators for FREE! Link below🔑
by AlexWhale
1
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 Double Bottom Bouncehere is a technical analysis description of AMD stock, observing a double bottom pattern, indicating a potential rebound: AMD Stock Technical Analysis: Double Bottom Pattern Advanced Micro Devices, Inc. (AMD) stock has been in a downtrend since the beginning of the year. However, in recent weeks, it has formed a double bottom pattern, which is a bullish reversal signal. A double bottom pattern is formed when a security's price falls to a low, rebounds, falls back to the same low, and then rebounds again. The second rebound is typically accompanied by an increase in volume, which confirms that buyers are gaining control of the market. In the case of AMD stock, the first bottom was formed in June at around $70 per share. The stock then rebounded to over $80 per share in July, but it fell back to the same low in August. The stock has since rebounded again, and it is now trading above $75 per share. The double bottom pattern on AMD stock is also supported by a bullish divergence in the MACD indicator. The MACD is a momentum indicator that compares the moving average of a security's closing price to the moving average of its 26-day exponential moving average. A bullish divergence occurs when the price of a security is making lower lows, but the MACD is making higher lows. This indicates that the momentum of the downtrend is weakening, and that a reversal is likely. Overall, the technical analysis of AMD stock suggests that a rebound is in the making. The double bottom pattern and the bullish divergence in the MACD indicator are both bullish signals.
NASDAQ:AMDLong
by AlgoTradeAlert
AMD Shares Climb 9% On AI Optimism Despite Lowering GuidanceAMD expects to sell $2 billion in AI-powered chips next year, as it attempts to catch up to rival Nvidia. Advanced Micro Devices (AMD) shares leaped more than 9% Wednesday after the company said it expects to sell $2 billion in AI-powered chips next year as it attempts to catch up to market leader and rival Nvidia (NVDA). The company, which reported better-than-expected third quarter earnings yesterday, is projecting revenue of $6.1 billion (plus or minus $300 million) in the last three months of the year. That number is up from $5.8 billion for the third quarter but below the $6.4 billion analysts had expected. However, according to some analysts, AMD's lineup of AI processors is more important than its embedded business—chips for industrial, automotive and networking sectors. AMD is ramping up its investments in artificial intelligence (AI) in an effort to catch up to rival Nvidia, which has become one of the world's biggest semiconductor companies with a market cap exceeding $1 trillion. AMD's MI300 processor, which the company has described as "the world's most advanced accelerator for generative AI," could help the chipmaker catch up to its bigger rival. Sales of AI-powered graphics processing units (GPUs) are expected to reach $2 billion next year, AMD Chair and CEO Lisa Su said on the company's earnings call. Su earlier this year called AI "the defining technology shaping the next generation of computing and the largest strategic growth opportunity for AMD," and said the company is "laser-focused on accelerating the deployment of AI platforms at scale in the data center." Shipments of MI300 processors are expected to begin by the end of 2023, Su said at a product showcase in June. With Wednesday's gain, shares of AMD are up almost 69% so far this year. While impressive, it's a small gain compared to those of rival Nvidia, which has almost tripled year-to-date and is the S&P 500's best-performing stock this year.
NASDAQ:AMDLong
by DEXWireNews
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