Fundamentals from Technicals: AMDThe NASDAQ:AMD Weekly Chart shows that the stock had attempted to complete the long term bottom at 104.
But over the past few weeks, it dipped below that bottom completion level.
This week it has started move up. This provides a level of fundamental support.
If it had continued downward, then fundamentals would be lower. For now, it appears fundamentals are within the outlined range, an accumulation zone.
AMD
AMD: Here we go! 🎢Over the past few weeks, AMD stock has again visited lower levels below the 61.80% retracement in the turquoise target zone between $106.39 and $91.87. However, as of this week, the stock has been moving decisively higher, and we now believe that the bottom of the turquoise wave B has been completed. As a result, the price should now be in the turquoise wave C, which will take it higher. First, the resistance at $133.75 should be breached, ensuring further upside momentum. After that, the rise should continue significantly. The green target area between $152.04 and $190.39 is where we expect this wave's completion and, thus, the end of superior wave b in gray.
AMD approaching meaningful supportAdvanced Micro Devices (AMD) presently approaching meaningful support, able to absorb weekly selling pressures.
From here, (AMD) can recover and push to our next notable resistance level, eliciting gains of 10% from current price levels.
A settlement above this resistance level would push (AMD) to our next notable breakout point, able to absorb weekly buying pressures when tested and a meaningful upside continuation point into later year.
Inversely, a weekly settlement below the shown support would put (AMD) into a sell signal where losses of 20 - 30% would be expected over the following 3 - 5 months.
$AMD falling wedge to end today's action. Good signGood sign on NASDAQ:AMD with that falling wedge on the 15 min.
When a stock's been hammered for no reason at all except market volatility, we usually try to look for bullish reversals or bullish signs to enter on a swing.
Closing in a falling wedge is good. Doesn't ALWAYS pay off, but if you are swinging it likely means 4-12 weeks anyway, so it's relatively safe here.
Also looking on the Daily chart, it's right on the bottom of the flag trendline:
Follow for more insights.
AMD 2d XABCD advanced buy setup TP +185% gains🔸Hello traders, today let's review the 2days/candle AMD price chart.
Recently solid gains off the lows near 58 USD usd and currently pullback/correction
in progress after we maxed out at 125 usd. Having said that, bull run is not over yet,
and after correction expecting strong performance and new ATH for AMD.
🔸Setup is based on speculative XABCD structure, point X at 151, point A and 58,
point B at 124, point C at 70 usd and finally point D/PRZ at 190 usd.
🔸recommended strategy bulls: advanced buy/hold setup at point C 70 usd,
TP bulls is 190 usd point D, buy/hold setup, patience required.
keep in mind that this is advanced entry strategy for the bulls.
185% gains potential so we got great risk/reward in this trade setup.
recommend to confirm reversal/bottom with other indicator.
good luck traders!
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Technical reversal
Be Patient
SIze According to your Posotion
Focus on Price action
do NOT Over trade
LET THE MARKET COME TO YOU !!!
DO NOT CHASE THE MARKET !!
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AMD (wait for sell)Hi everyone - I'm with you with AMD signal and analysis. By checking the weekly and monthly graphs of AMD, the signs of decreasing power of the ascent can be seen. And in the daily time frame, the rotation of the market can also be clearly seen. And also, the bearish power has increased compared to the bullishness of the market.
In the 4-hour time frame, you can see that it touched the ceiling of the channel several times, but it did not break and reached an important level. By closing the price below this level, a good opportunity to sell opens up and we can make a good profit. And bearish can continue until the end of the weekly channel (green channel).
Advanced Micro Devices - Is The Future 🌐Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
AMD has been overall bullish trading inside the rising wedge pattern and it is currently in a correction phase approaching the lower bound / blue trendline.
Moreover, the zone 100 - 105 is a strong support.
🏹 So the 100.0 round number is a strong area to look for trend-following buy setups as it is the intersection of the green support and lower blue trendline acting as a non-horizontal support.
As per my trading style:
As AMD is sitting around a rejection zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break, and so on...)
Moreover, for the bulls to take over long-term again for the next impulse to start, we need a break above the last major high in gray around 112.5
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
🔥 ARM IPO: Worth the hype? Should I chase? What even is it?ARM DD:
Before you read this, understand that trying to buy IPOs when they begin trading isn't guaranteed and if you market buy, you will get roasted. It's not good to chase IPOs. No matter if this is the next NASDAQ:AAPL NASDAQ:TSLA and NASDAQ:AMZN combined, do not chase and only make wise and calculated decisions while trading.
I've been waiting for this IPO for a while. It's finally here. It might be the most over anticipated IPO in a while. Trade carefully. Do not chase blindly. Have a plan. Trade the plan. If it doesn't come, move on.
If you learn something or want to trade with me, give me a follow & join my community. Thanks.
IPO valued @ $55B.
Around $51 per share.
They are only releasing 9% of the total shares to the public. So it has a tiny float.
SoftBank is the owner, they bought ARM 7 years ago.
The floor for me is 40B USD valuation. Meaning, around $38.50 is support. Where did I get that number? NVDA was closing on buying ARM for 40B USD in 2020.
NASDAQ:NVDA , NASDAQ:INTC , NASDAQ:AMD , NASDAQ:AAPL , NASDAQ:GOOG , TSM, Samsung, are all interested in investing in ARM.
What does ARM do?
ARM is not a chip manufacturer.
ARM designs chips & system processors & holds patents to chips and they license their technology to other big tech like AAPL, NVDA. Hence, NVDA wanted to buy them for 40B USD.
THE POSITIVES:
SoftBank bought out someone's 25% stake in ARM recently. For 16B USD. That puts it at a FWB:64B valuation in their eyes. That means the owner of ARM expects ARM to surpass 64B USD.
NVDA CEO loves ARM, but NVDA failed to acquire it.
NVDA CEO has been selling NVDA. Around 150k shares this year. Last sale 14M USD on 9/11/23. IMO he's freeing up to buy ARM @ IPO. Remember SoftBank is a 90% owner. Everyone who wants it gets it at IPO. Yes, even NVDA CEO.
The float is tiny, and asset managers .
NYSE:TSM expressed interest of 100M USD investment
This might be the most hyped IPO in a while.
THE NEGATIVES:
SoftBank is a known dumper.
SoftBank bought ARM in 2016 for $32B. They tried flipping it in 2020 for 40B USD to NVDA. So they were happy with a 8B flip USD in 4 years. Sus. Shows signs that if ARM does well, they'll unload.
Because SoftBank are known dumpers, once they dump one time, investors will get shook.
Their net income is low. Under 550M.
Their revenue is around $2.7B.
Their net income dropped YoY.
Again, I will evaluate if I'm buying this and post my entries/ exits in my community. Welcome to join.
Stay tuned.
$DISH ready to rip! Beautiful bottoms bounce with a 1:3 risk:reward
✅MACD cross/approaching 0
✅daily RSI broke 50
✅volume uptick
I like Jan 2024 swing as well as common shares here
Adding on break and hold of $7.00
INTC IS A BIG LONG TERM BUY TRUST MEINTC is looking very good my friends. It is a good time to buy long and hold. Minimum position length I would say 2 months. Maximum length infinite. Do not be dumb. INTC is INTC we are living in computer world. NOW REMIND ME WHAT CPU STANDS FOR. CENTRAL PROCESSING UNIT. WITHOUT CPU THEN COMPUTER IS MORE LIKE PPU (POOPY POOP UNIT) ONLY 2 BIG CPU AMD AND INTC AMD IS BEING PPU BUT INTC BEING BCPU (BEAST CENTRAL PROCESSING UNIT) so be smart my friends. ride with me into Valhalla. WITNESS ME
AMD Wyckoff Accumulation, Manipulation, and Distribution 📈💹📉 The Wyckoff Phases Recap: The Wyckoff method consists of Accumulation (smart money buying), Manipulation (price action controlled by insiders), and Distribution (smart money selling) phases.
📈 Applying Wyckoff to AMD: We can adapt this method to AMD stock. During Accumulation, savvy investors may be accumulating AMD shares quietly. Manipulation is when price action might seem unpredictable but is driven by insiders. Distribution marks the phase where these insiders might start selling.
📊 Accumulation Signals: Look for signs of increased buying activity in AMD while prices remain relatively flat. This could indicate the accumulation phase.
💡 Manipulation Hints: Manipulation can be tricky to spot, but unusual price movements or volume spikes might provide clues. Consider this phase as a time of price consolidation before a potential move.
📉 Distribution Clues: During the distribution phase, watch for decreasing buying interest and potentially diverging indicators. This might indicate that insiders are slowly selling off their holdings.
🚀 Trading Opportunities: If you can identify these phases correctly, you might find opportunities to trade AMD more strategically. For example, entering during Accumulation when prices are low and potential upside is significant.
🔮 The Future of AMD: Keep in mind that while Wyckoff analysis can provide valuable insights, no strategy guarantees success. Always combine it with thorough research and risk management.
In conclusion, applying the Wyckoff method to AMD stock can offer a unique perspective on its price movements. Recognizing the phases of accumulation, manipulation, and distribution might empower you to make more informed trading decisions.
Stay analytical, stay vigilant, and remember – understanding market phases can give you an edge when trading AMD or any other asset! 📊🚀
$INTC - Rising Trend Channel [MID-TERM]🔹Between support 32.86 and resistance 37.24 in Rectangle Formation.
🔹In case of a NEGATIVE reaction, it has support at approximately 33.
🔹Technically POSITIVE for the medium long term.
Chart Pattern:
◦ DT: Double Top | BEARISH | 🔴
◦ DB: Double Bottom | BULLISH | 🟢
◦ HNS: Head & Shoulder | BEARISH | 🔴
◦ REC: Rectangle | 🔵
◦ iHNS: inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
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🫡
AMD supported by the high point in late March of this year!AMD supported by the high point in late March of this year!
This chart shows the weekly candle chart of AMD's company stocks from May 2021 to the present. The top to bottom golden section at the end of 2021 is superimposed in the figure. As shown in the figure, the recent high point of AMD company's stock has been suppressed by the 1.000 position of the top to bottom golden section in the figure! Then, AMD company's stock engaged in a long short competition between the 1.382 to 1.618 positions in the golden section of the chart from late June of this year to the beginning of this month. In the past three weeks, it has broken down and was supported by the high point in late March of this year! Just use the high point in late March this year (102.43) as the long short watershed for AMD stocks in the future!
AFRM - Rising Trend Channel [MID-TERM]🔹Breakdown support of rising trend channel in the medium long term.
🔹Support at 13.81 and Resistance at 19.99 in Rectangle formation
🔹Slightly risen above the resistance level of 17.
🔹Technically POSITIVE for the medium long term.
Chart Pattern:
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️