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AMD: 4H Golden Cross is the best buy signal you can get.Advanced Micro Devices may be having a noticeable correction that turned the stock back to neutral both on the 4H and 1D technical outlook (RSI = 54.728, MACD = 5.610, ADX = 40.223) but it just formed the strongest bullish pattern of all: a Golden Cross on the 4H chart. In the past 2 years we've been given another two 4H Golden Crosses and both turned out to be the utmost bullish validation for enormous rallies, which in both cases extended at +141% from the bottom. We expect another such run and now we have the best confirmation (TP = 290.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:AMDLong
by InvestingScope
2
80% gains AMD/NVDA Pairs Trade: Best Level to BUY/HOLD AMD🔸Hello traders, today let's review 4hour price chart for AMD. Price structure is bullish inverted H*S setup with reload zone bulls near 150 usd, currently expecting rejection near overhead resistance. 🔸AMD is trailing behind NVDA so far this year, YTD gains of 17%, NVDA YTD gains at 167%. AMD is trailing behind NVDA massively and expecting mean reversion / catch up trade later in 2025. AMD market cap sits at 250 bln USD so it's an easy double from here. Fair value for AMD is 500 bln USD, NVDA is valued at 3 T right now, which is massive. 🔸Recommended strategy bulls: Bulls wait for rejection from overhead resistance to confirm IHS setup / near 175 usd and wait for pullback/correction into mirror S/R level at 150/155 USD. BUY/HOLD setup, SL fixed at 125 USD TP1 is 250 USD TP2 is 300 USD in 2025. This is a swing trade setup with 80%+ upside potential, naturally more patience required to hit targets. 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
NASDAQ:AMDLong
by ProjectSyndicate
29
Intel GAP fill then ATHLong term calls for about two years out on INTEL is a sure fire play. Leadership restructuring, AI chips, and a company with too much to lose. Intel is still the number one choice for any windows pc. It did not deserve to go down, easiest play in history, and is not going to dip under MA180, if it gets near the MA180 I would load up on a position surely or average down. Its climbing slowly and I doubt the company would get sold, if it did I can only see it becoming more bullish. Feel free to voice your opinions in comment section bellow. Thanks Ben
NASDAQ:INTCLong
by benarcotta
AMD broke above the Lower Highs and confirms a massive rally.It's been a while (August 13, see chart below) since we last looked into the Advanced Micro Devices (AMD), which was a strong long-term buy signal, with the price reacting very favorably, having already started its new Bullish Leg: Today we take it to the 1D time-frame where where the scale of where the price might be compared to the previous two mega rallies since the October 13 2023 bottom, may be clearer. Remarkably, the last two rallies were both of around +142%. In symmetrical terms we are around the 0.618 Fibonacci level mark where both Bullish Legs had a technical pull-back. The key bullish development of last week though has been the break above the Lower Highs trend-line, which in line with previous Legs, has been the confirmation of the start of the long-term rally. As a result, we have now validated that the Bearish Leg is behind us and any pull-backs this structure gives, will be buy opportunities. Our Target is intact at $295.00. ------------------------------------------------------------------------------- ** 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
4
Bulls Eye AMD: Key Breakout Levels Ahead**Brief News Update:** AMD will host the "Advancing AI" event on October 10, 2024, where it will unveil its latest Instinct MI325X AI accelerators and 5th generation EPYC processors. These products target high-performance computing and AI applications, with the MI325X offering up to 288 GB HBM3E VRAM and 6 TB/s bandwidth. Updates for the Ryzen AI PRO 300 series chips are also expected, potentially hinting at future line-ups like Strix Halo. The event will be streamed live via AMD's website and YouTube channel. AMD is expected to announce its quarterly earnings on October 29, 2024. **Monthly Timeframe Analysis** Five months ago*, I highlighted the Scallop formation, which has since broken out to the downside. However, the bulls managed to push the price back into the Scallop zone, as the closing price consistently remained within the range. This suggests that the bulls are keen on keeping the price above $140. The last two white bullish candles indicate a strong move, and my DTMI indicator points to a potential trend reversal. However, keep in mind that the white dot is on a still-open candle, so it is not yet confirmed. The #stoch RSI indicates there is still room for upward movement. **Weekly Timeframe Analysis** Looking more closely at the regular candles, while the broader picture suggests room for further upside, the trend needs to break first. We see a lower high (LH) and a lower low (LL) printed. The $187.28 level needs to be broken to look higher. If this doesn't happen, we may print another lower high (LH), and the previous low will likely be tested again, with a possible drop toward the psychological level of $100. It's crucial to monitor the market #structure closely, as the breakout of the resistance line occurred without above-average volume. This may mean the volume is yet to come, perhaps with the event on October 10. **4H Timeframe Analysis** I also want to discuss the W-formation, where the price is currently closing a gap. However, we must still account for a potential pullback to the underlying mini-gap. If the $162 level holds, this formation could present a good point for a trend reversal. As mentioned earlier, the $187 level must be broken to confirm the upward structure. **Conclusion:** The price shows signs of a potential upward movement on both the monthly and weekly timeframes, with a few critical resistance and support levels to watch. The upcoming event on October 10 could act as a catalyst for further upward movement, but there isn't enough volume to confirm this yet. Be mindful of pullbacks and the trend. On the Weekly timeframe 5 months ago*, since April, we’ve seen a ⁠choch forming with lower highs and lows, signaling a downtrend below the ⁠EMA 50. A bullish reversal in January 2023 led to an uptrend, reaching an ATH on March 4, 2024. The current pullback to the 0.5 Fibonacci level, supported by the ⁠EMA 50, aligns with an inverted ascending scallop, indicating a potential turning point as the ⁠stoch hits the floor. **Resistance Levels:** - $313 (Scallop target) - $227 (#ath) - $187.28 **Support Levels:** - $162 (W-formation) - $140 - Psychological level of $100 *Disclaimer: This is not financial advice. Always do your own research and assess your risks carefully.*
NASDAQ:AMD
by Tims.Technische.Analyse.
Weekly Recap & Market Forecast $SPX (Oct 6th—> Oct 11th)Looking Ahead: Next week will bring several key events: Monday: Fed Speak; Nvidia AI Summit ( NASDAQ:NVDA ) Tuesday: PepsiCo Earnings ( NASDAQ:PEP ) Wednesday: Fed FOMC Minutes; 10-Year Bond Auction Thursday: CPI Inflation, Jobless Claims; Tesla Robotaxi Event ( NASDAQ:TSLA ) Friday: PPI Inflation, Consumer Sentiment; Bank Earnings ( NYSE:JPM , NYSE:WFC , NYSE:BLK ) As we move forward, these developments will be crucial in shaping market sentiment and guiding investment decisions. If you have any questions or need further insights, feel free to reach out. Here’s to another week of informed investing and strategic decision-making! 🌟
SP:SPXLong
by WallSt007
$AMD Chart Setup: A Strategic Play Ahead of Advancing AI Event.As we approach AMD’s highly anticipated Advancing AI event this Thursday, the market may soon see the company in a whole new light. Historically, these events tend to prompt a "sell the news" reaction, giving us the opportunity to front-run the event throughout the week. The chart is setting up nicely with a confirmed wedge breakout, supported by strong bullish volume on both daily and weekly candles. If the stock goes flat or even sells off ahead of the event, it could present a bullish opportunity for us to capitalize on, if it continues to run, could be a short opportunity as the move could be priced in. My positions are as follows: Calls over $171.21, with targets at $177.55 and $185. Puts under $164.42, with targets at $162.58 and $154.49. Let’s stay sharp and position ourselves for what could be a pivotal moment for NASDAQ:AMD this week. Cheers.
Editors' picks
NASDAQ:AMD
by Solidified
4
Be careful with AMD !!!Be careful with AMD !!! we can hope that the price will act like a Crab pattern and the price will grow well. I expect that the price will grow very quickly... ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
NASDAQ:AMDLong
by CobraVanguard
1
Amd - Targeting New All Time Highs! Amd ( NASDAQ:AMD ) is targeting new all time highs: Click chart above to see the detailed analysis👆🏻 This month Amd perfectly retested and already rejected the previous resistance which was turned support after the bullish breakout. Following the overall swings inside of the rising channel formation, I do expect Amd to create new all time highs over the next months. Levels to watch: $250 Keep your long term vision, Philip (BasicTrading)
NASDAQ:AMDLong
by basictradingtv
10
AMD: Close to giving the signal for mega buy to $295.Advanced Micro Devices is about to test the 1D MA200 on very healthy bullish technicals on the 1D timeframe (RSI = 60.924, MACD = 3.070, ADX = 28.078). This chart is on the 1W timeframe which is still neutral (RSI = 52.205, MACD = -1.400, ADX = 23.295), meaning that if the 1D MA200 breaks, the market would still be significantly undervalued with strong upside potential. As shown the long term pattern is a Channel Up, with the Fibonacci levels explaining pressure zones. The two bullish waves of the Channel have remarkably been of the exact same rise (+143.89%). If the once that will be validated by the 1D MA200 crossing posts the same rally, we expect the 0.786 Fib Channel level to be reached and we will set our target accordingly.(TP = 295.00). Perhaps the strongest reason to buy for the long term right now is the Bullish Cross on the 1W MACD (seen on the pane below the chart). This has been formed exactly on the two prior bottoms of the Channel on November 6th 2023 and November 14th 2022. Combined with the 1D MA200 breakout, this MACD formation is the mega buy signal we've been waiting for. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:AMDLong
by InvestingScope
AMD... Is it time to BUY?? YESSIR!!What are we looking at technically? - The market is in an obvious uptrend - A bullish BOS (break of structure) - A retracement to the OTE (Optimal Trade Entry) fib levels between .705 - .786 - The bullish FVG is also aligned with the OTE levels for a confluence of support - Price has formed a fractal low on the +FVG as price completed the External to Internal run on liquidity. Now comes the IRL back to the ERL move. The swing high at 227.30 is the target, as that is where the buy side liquidity is. Fundamentally, the recent Amazon partnership is the latest move that will give AMD a huge boost. Not mention the AMD may become a buyer of INTEL's AI Fabric Chip. Things are looking up for the organization. What do you think? It's a BUY for me. Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
NASDAQ:AMDLong
by RT_Money
Is SMCI a buy? SMCI has lagged NVDA and many other semis. Were now approaching a critical area...its make or break! positive Daily divergence provides some hopes that were close to a near term bounce however after today semiconductor selloff the whole complex was shattered. The fact that SMCI remained green while NVDA was down 10% should be a small win in itself... The question is can it hold and build on this? I do think its better positioned for a long than most semis. No confirmed technical breakdown has occurred yet
NASDAQ:SMCI
by Trading-Capital
1