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AMD

AMD (Daily): Are we setting up for a fierce rally?Short update for those following along. We are closing in on circle wave ii support. As previously shown in the chart below: So, we have a five wave impulse into wave circle i with a three wave corrective moving dropping down in the the wave circle ii support. Can it go lower? Sure. Another low to test the longer term .382 retracement of wave 3 is not off the table (see yellow 4 on chart and/or post about AMD Big Picture). Can we chop sideways for a bit in a protracted wave circle ii before we start wave (i) of wave circle iii. Sure. So what was the plan again? I believe I wrote: "It might not be a bad idea to start layering into a position from around $87 to $80.00 with a stop around $80-$76. But it is probably best to wait for the (i)-(ii) of circle iii for the highest probability trade (again, not shown yet). Although this price action deserves some respect and a close eye, caution is warranted until price holds circle wave ii support and makes a new high for wave (i) of circle wave iii." Since then, price made a slightly higher high in wave (v) of wave circle i, so the support is a bit higher than the last chart. But those confines still seem pretty applicable. Layering into an entry with a stop set between $80 and $77 seems like a good risk management plan. Assuming price can hold wave circle ii support, we could be getting ready to rally something fierce. If not, your stops are set and in place to limit the pain of another low. It's a purely objective plan based on price action and Elliot Wave Theory. Overall, this chart still looks solid. I'll map out waves (i) through (v) of circle wave iii once/if price tests its last near term high of $104. If I have time, I'll probably post one or more additional charts showing smaller time scales or progress in the comments section below. #LongAMD #WaveTheory #NotAdvice #NotRecommendation #MeasuredMoves #PriceIsKing #GoodLuck
NASDAQ:AMDLong
by Nailed_it
5
Performance Review, Week of 2022-08-22 to 2022-08-26The usual way I publish my public ideas is daily updates on ES and weekly updates on NASDAQ:AAPL , NASDAQ:TSLA , NASDAQ:AMD , and NASDAQ:NVDA . Starting this weekend, I am going to publish performance reviews on these updates. Note that in these posts, my goal is not to update the counts, but only to compare the expectations vs reality. Updates to the counts are published in the same usual way. Overall, you can see perfect match between AAPL, AMD, NVDA, and daily ES updates with the reality. The only one that was not matching is TSLA, which I actually warned about in it's weekend update. AMD: NVDA: AAPL: TSLA: ES August 20th: ES August 22nd: ES August 23rd: ES August 24th: ES August 25th
CME_MINI:ES1!
by bamdadsalarieh
SPY: Dont Buy the Bull Rally We are still LONG TERM Bearish on SPY, crypto and basically most equities.. including popular mining stocks. The way we see SPY is that first we have formed a classic Head & Shoulder pattern with a Faux breakout to the downside before the rally then the drop of the new low Looking at structure a couple ways we need to sell down much more to complete the H&S pattern and also the A,B,C pattern on the right shoulder which both would take us to the targets outlined. We have volume confluence as participation dried up towards the head and increased slightly on the right shoulder. Looking at Fibonnacci we have room to grow up to the 430 range but ultimately even if we are bullish we still need to test 375/380 one more time. However we are not bullish and I think we are going to go lower by the end of the year towards 335/350. The Rally will be short lived. Ideal entries around 430 but if we start to build some structure I can look at some in the 415-417 area.
AMEX:SPYShort
by Thecontrariandaily
ZM still under Massive Selling PressureToday we have ZM (ZOOM) on the daily chart With the huge sell offs in the market we still see much more downside on the table especially for growth and tech stocks like ZM. We offered a bullish outlook that would have an inverse Head & Shoulders forming However to complete the right shoulder we would still need to sell down into the low High 90s We do have some news coming out tomorrow so ideal would be to see a pump in the market back into the 108s-110 area before the selling continues. We are prepared go see even higher prices to make a true daily retest or Double top back at 112-115 area Not unless we break above and close above 117 will our bearish bias be removed. With that being said.. we DO NOT think we are forming a bullish Inverse Head and Shoulders and will likely close this week towards the lows of 90
NASDAQ:ZMShort
by Thecontrariandaily
NVDA: Will pull back soon, but bullish longtermNVDA provided a textbook 5-wave impulsive move off the low. The 3rd wave tagged the 1.618 extension and the 5th wave has reached the 2.0 extension. This move has been very clean. However, the fibonacci extensions have been reached and now momentum is beginning to fade (see MACD). That being said, I expect NVDA to pullback over the next 2-3 weeks. I would like to see price retrace to the .5 - .618 retracement levels, filling the gaps in an A-B-C pattern, followed by a push back above the Wave 1 high. If this happens, the price target for wave 3 will be in the 240-250 range.
NASDAQ:NVDALong
by TomDaSpankEngine
AAPL AMD AMZN BAC NVDA TSLA trade ideas - jtgladiator 8/24NASDAQ:AAPL chart www.tradingview.com Enter calls > 168.71 watch for reversal off gap or this level for puts PT1 = 169.86 PT2 = 171.52 Puts < 166.65 for gap fill down. Watch for reversal here. PT d165 PT w163 NASDAQ:AMD chart www.tradingview.com Calls 95c - 99c > 94.44 PT1 95.02 PT2 99.25 Puts 90p < 92.11 PT1 90.56 88.59 I am still swinging the 85p until 9/16 NASDAQ:AMZN chart www.tradingview.com Virtually no volume until 128.99 then 125.50 From there 122 can come quick but there is some volume there Looking at swinging 122p 129 and 126p are options also Calls 138c - 141c > 136.32 or puts off the rejection PT 138 141 Puts < 132.85 129p and 126p or monthly 122p NYSE:BAC chart www.tradingview.com BAC traded up while SPY was trading down. Outside candle on the daily. This thing is ready to make some moves. I like it for the downside. But play the chart and levels. Calls >35c PT 35.30 36.00 - Be careful of reversals. The outside candle can be nasty Puts < 34.41 PT 34.29 33.92 33.41 Swing 8/26 or later NASDAQ:NVDA chart www.tradingview.com Enter 168p < 169.70 Be aware of reversal Possible Gap fill to 165.31 PT for weekly is 167.24 then 164.28. Grab 9/2 or 9/16 :p Or grab for earnings lotto Enter 178c > 174.60 make sure BOH Watch for reversal PT 175.58 178.49 NASDAQ:TSLA chart www.tradingview.com TSLA went green on 8/23. Call Swing 950c > 896.48. Watch for reversal PT 901 944 Put Swing 825p < 863.77 PT 855 838 818 785 -jtgladiator
NASDAQ:AAPL
by ApeManDan
AAPL AMD NVDA AMZN TSLA 8/23 jtgladiator #thestratWe are looking for continuation on the swings we entered on 8/22. If there are any reversals to the upside, be sure to secure put profits and take calls NASDAQ:AAPL chart www.tradingview.com AAPL Enter calls > 169.86 watch for reversal off gap or this level for puts AAPL Enter puts < 167.14 for gap fill down. Watch for reversal here. PT 165 PT 163 NASDAQ:AMD chart www.tradingview.com AMD Call swing > 95.02 with PT1 99.25 - not likely imo AMD finally broke the double inside weekly to the downside. Swinging them 85p all the way out to 9/16 or longer NASDAQ:NVDA chart www.tradingview.com NVDA Enter 178c > 175.58 make sure BOH. Watch for reversal NVDA puts enter 168p < 170.30. Be aware of reversal. Possible Gap fill to 164.24. PT for weekly is 164.78. Grab 9/2 or 9/16 :p Or grab for earnings lotto NASDAQ:AMZN chart www.tradingview.com AMZN Grab calls > 136.32 or puts off the rejection pt 138 141 AMZN Grab puts < 132.85 for huge swing with PT of 120 and a gap fill all the way down NASDAQ:TSLA chart www.tradingview.com TSLA Call Swing 920c > 877.20 - watch for reversal pt 901 944 TSLA Put Swing 800p < 858.90 855 838 785 NYSE:BAC chart www.tradingview.com BAC Daily Swing Calls BOH 34.75 PT 35.30 36.00 BAC D/W put /swing < 34.45 PT 34.15 33.40 Swing 8/26 -jtgladiator
NASDAQ:AAPL
by ApeManDan
1
UVXY and ETF ShortIt's high time we accept the new reality of the inverted reality. The week of July 25th was perhaps one of the most volatile in a long time. Why? We had CPI report, earnings, and Fed Rate Hike. What did volatility indecies like UVXY do? They sold off. It doesn't take too much logic and common sense to see something egregiously fraudulent is taking place when companies miss earnings, and their stock price rally. Or, in the grander scheme of things, horrible economic data sends markets rallying. At this point, the market has become a literal casino gambling machine with luck, not technical analysis, economic data, geopolitical issues, trends, patterns having ANY influence. It's simply a yes or no by someone or some people at the top who dictates the move of the market. I believe now that retail investors are at their smallest ownership of equities, the volatility index and ETFs like UVXY no longer really apply. Why? Institutions, computers, and algorithms can not panic or feel fear, only retail investors aka human aspect can. This is why you no longer see significant sell offs when there is bad news like a possible Taiwan invasion or conflict with the US. So in conclusion, at this point, its best to get calls on pretty much anything. AMC, BBBY, Apple and others go up without reason. BestBuy stated they would see losses in Q3, and that rallied their stock. Nothing can bring this market down, so I wouldn't even be scared about getting calls, investing and waiting as your portfolio grows even in the worst of it. Perhaps actual WWIII would send markets to new record highs. Short the volatility ETFs, UVXY, SQQQ, SDOW, SPXS, misc.. because they're destined to collapsed even if the world was on fire and there were 50% unemployment. I think the stock market is everyone's financial safety with no risks of losing money at this point.
CBOE:UVXYShort
by WorldEconomics
11
AMD Put Swing Idea 8/22 - jtgladiatorNASDAQ:AMD AMD has got a couple inside candles on the weekly. With Fridays close in the red we have a 22 Reversal AND looking for a revstrat on the weekly to the downside. Could go green but I like it short. Call swing idea: 101c > 99.25 - if price reverses here then grab 95p Put Swing Idea: 94p < 94.59 to swing for 8/26 85p to swing for 9/2 or even 9/16 - buy time. Price can reverse here so grab calls if it does. MY live Chart - www.tradingview.com
NASDAQ:AMDShort
by ApeManDan
$AMD Fib RetracementNeutral analysis of $AMD showing a Fib retracement from its pre-pandemic high of 59 to its all time high of 146. Notice how technically significant the 0.618 and 0.786 retracement levels have proved to be for support and resistance. $99.45 = .618 $81.78 = .786 This checks out fundamentally as well. $100 and $80 are psychological levels to buy and sell at (0.382 / $125 as well: August 2021). This is why these prices acted as significant levels. As of 8/22/22, it is currently battling between these two levels. Although the retracement is neutral, traders should lean bearish on chips here, as AMD and NVDA are starting to look like massive head and shoulder tops.
NASDAQ:AMD
by kyletradescontracts
1