Reevaluate your position means..!I published this post 2 hours ago:
Entry: 136
Stop loss: 130.59
Reward/Risk: 2.67 (it is not Ideal)
Target range: 150.44
Time Frame: 2 wks
Possible gain: 10.62%
Possible loss: 3.98%
Position size: 5% of trading capital
Jim Simons:
We make our forecast. Then, shortly thereafter, we re-evaluate the situation and revise our forecast and our portfolio. We do this all day long. We're always in and out and out and in. So we're dependent on activity to make money."
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
AMD
$AMD Target 2 - 102.50$AMD Target 2 - 102.50
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I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now, and I’m usually at Target 2.
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Have fun, y’all!!
(\_/)
( •_•)
/ >🚀
AMD, 15 minAMD, 15 Min
Buy @ 148.85 - 147.12
Sell @ Target 1 = 150.83 , Target 2 : 153.13
Stop loss @ 50.76
--------------FOR OPTION CONTRACTS --------------
15 Chart = Min 1 Month, Hold 2-3 Days
---------------------Disclamer ----------------------
I am not a financial /investment advisor. All information I am sharing here is for entertainment purposes only and should not be considered personal investment advice. While the information provided is accurate, it may include errors or inaccuracies. Please, do your diligence when it comes to investing or trading in the market. You are responsible on your choice. Thank you
AMD, 4 Hrs NASDAQ:AMD
AMD, 4 Hrs , Butterfly Harmonic Shape
Buy Between 136.91 - 133.62
Sell @ T1: 142.42 , T2: 148.01
Stop Loss @ 132.19
--------------FOR OPTION CONTRACTS --------------
Daily Chart = Min 1-2 Months, Hold 2-4 Weeks
---------------------Disclaimer ----------------------
I am not a financial /investment advisor. All information I am sharing here is for entertainment purposes only and should not be considered personal investment advice. While the information provided is accurate, it may include errors or inaccuracies. Please, do your diligence when it comes to investing or trading in the market. You are responsible on your choice. Thank you
AMD Calls/Puts: Levels to watch this weekAMD
TLDR:
Calls above 151.84
SL @ 150.16
Scale out 153.29-156.25
Puts below 139.87
SL @ 141.37
Scale out 136.34 -130.53
Mon Jan 03 2022
Currently above its 12 and 26 EMA
Today it recaptured the 12 EMA
the 12 EMA just crossed over the 26 EMA
Currently Above its 20 MA
MACD strengthening
SO is not too hot: <80 and K% just crossed D%
Latest news:
Goldman Sachs analyst Toshiya Hari has a price target of 170(updated)
Samsung teases the Galaxy S22’s AMD GPU as renders leak: arstechnica.com
AMD CEO Teases Rembrandt 6nm APU Ahead of CES 2022 www.tomshardware.com
Options chain activity:
Mon Jan 03 2022
AMD open/close - $145.14 / $150.24 3.52%
Call VOL - 390,469
Put VOL - 168,670
Call VOL% - 69.83%
Call Prem % - 76.29%
Bullish Prem % - 58.24%
Put/Call Ratio - 0.43
AVG 30D PUT VOLUME
MON JAN 03 2022
190.6K
AVG 30D CALL VOLUME
MON JAN 03 2022
374.4K
TOTAL OI
MON JAN 03 2022
3.5M - Call
1.7M Put 1.8M
Highest OI Increase
Option Prev day Vol Prev day OI Curr OI Change
AMD 2022-1-21 C $125.00 5,163 14,194 18,906 4,712 (33.20%)
AMD 2022-1-7 C $150.00 17,449 8,140 11,159 3,019 (37.09%)
AMD 2022-1-14 C $160.00 3,581 2,433 4,884 2,451 (100.74%)
AMD 2022-1-7 C $144.00 3,442 456 2,731 2,275 (498.90%)
AMD 2022-1-7 C $170.00 3,401 4,280 6,521 2,241 (52.36%)
Most active chains
Chain Bid-Ask Low-High Volume OI
AMD 2022-01-07 C $150.00 $3.55-$3.65 $1.72-$4.48 49,396 11,159
AMD 2022-01-07 C $155.00 $1.83-$1.85 $0.82-$2.37 35,928 13,364
AMD 2022-01-07 C $152.50 $2.59-$2.62 $1.20-$3.30 25,857 6,158
AMD 2022-01-07 C $160.00 $0.87-$0.91 $0.42-$1.21 17,579 11,704
AMD 2022-01-21 C $155.00 $4.55-$4.65 $2.93-$5.40 13,710 35,837
AMD 2022-01-07 C $148.00 $4.55-$4.75 $2.31-$5.63 12,984 3,971
AMD 2022-01-21 C $175.00 $0.96-$0.99 $0.64-$1.23 12,244 17,862
AMD 2022-01-21 C $200.00 $0.19-$0.22 $0.15-$0.27 12,161 20,252
AMD 2022-01-07 P $145.00 $1.29-$1.33 $1.15-$3.18 12,051 5,219
AMD 2022-03-18 C $135.00 $22.20-$22.70 $19.45-$23.45 10,140 2,422
AMD 2022-01-07 C $157.50 $1.24-$1.30 $0.58-$1.70 9,205 4,431
AMD 2022-01-07 C $149.00 $4.05-$4.15 $2.01-$5.05 9,034 2,194
AMD 2022-01-21 C $165.00 $2.09-$2.15 $1.32-$2.56 9,013 23,327
AMD 2022-01-21 C $150.00 $6.60-$6.70 $4.40-$7.60 8,930 46,924
AMD 2022-01-07 P $150.00 $3.25-$3.40 $2.88-$6.10 8,795 3,513
Biggest option trades
Ticker Side Strike C/P Expiry Bid-Ask- Spot Size Prem OI Vol
AMD BUY 135 call 2022-03-18 $23.25 - $23.50, $23.45 10,000 $23.5M 2.4K 10K
AMD BUY 170 put 2022-03-18 $26.30 - $26.45, $26.40 468 $1.2M 913 503
AMD BUY 180 put 2022-02-18 $34.20 - $35.20, $34.76 325 $1.1M 701 325
AMD SELL 175 put 2022-02-18 $30.40 - $30.60, $30.46 325 $990K 1.6K 325
AMD SELL 175 call 2022-01-21 $1.06 - $1.09, $1.06 8,558 $907K 17.9K 10.6k
XLNX breakout above $225XLNX expected breakout after consolidation and a flat base (similar to a cup and handle from William O'Neil) above $225. AMD in a similar pattern should carry it higher with the expected merger in Q1. A breakout above $225 should ideally happen on higher than average volume.
1/2/22 AMDAdvanced Micro Devices Inc. ( NASDAQ:AMD )
Sector: Electronic Technology (Semiconductors)
Market Capitalization: 173.775B
Current Price: $143.90
Breakout price: $148.75
Buy Zone (Top/Bottom Range): $141.90-$130.75
Price Target: $158.80-$160.00
Estimated Duration to Target: 40-42d
Contract of Interest: $AMD 2/18/22 160c
Trade price as of publish date: $5.50/contract
$AMD possible short scenarioAMD obviously is in a uptrend, but right now we are seeing a little correction (possibly about 28%). I am positive that the current (possible) LH will lead to a drop to the support level (labeled), from there we could either see a 1)bounce or a 2)break.
1) Bounce:
... could lead to another LH which will extend to the red rectangle (resistance), followed by another (rather sharp) drop, which will most likely break the first level of support. At the next level of support (TP for my trade) the correction will most likely come to an end (since we choose this support level by combining a trend line (based on prev Ls) and a major support level (previous Hs and Ls + wicks), which is a pretty solid indicator for buy orders being placed around there). This trade will give me a 3.33:1 RRR, which I am satisfied with (1.5% risk --> 4.995% gain).
2)Break:
... could lead to a retest of the broken support (labeled as support). In this case I would rather not go short, since there will be a bigger risk of wicks (hitting my S/L). My strategy for this scenario is to wait it out and miss the juicy short selling gains, and enter a long position on the previously mentioned 2nd support, which is more reliable than the first (labeled) support.
As always: no financial advice
A review on December 15 analysis..!I received lots of interesting comments for the previous analysis:
Some called me a certified gambler, some people believe folks see what they want to see, and some others said I'm completely lost..!
but let's review the previous analysis..!
Entry: 136
Stop loss: 130.59
Reward/Risk: 2.67 (it is not Ideal)
Target range: 150.44
Time Frame: 2 wks
Possible gain: 10.62%
Possible loss: 3.98%
Position size: 5% of trading capital
My conservative approach (moving stop loss to entry(136) after 8% move to 2 days) closed the trade in 5 days! but the primary setting reached its target at 12 days..!
I have a question for those who write that comments:
who is lost?
who knows when to gamble?
and
who can't see the obvious price patterns?
You have no chance in today's market if you do not update the old technical rules!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
A complex correction until the next earning..!Detecting complex corrections prospectively is not easy!
People usually look at these models retrospectively!
However, looking at the previous correction pattern and the undeniable similarities with the current correction makes it more likely that we experience another leg down!
Top declining, Flat(rising) bottom ould be the most probable scenario..!
Opinion: long-term investors should wait for 130 level to reevaluate their position!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Enjoy Holidays,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
AMD, Wave count and Target Update! Long to 180-200 Zone !AMD is going to make a new ATH soon ! How far it can go up? Lets follow!
As wave structure suggests, We are more than likely in wave 5 of the cycle started 84.24 USD on 19 July 2021 . This final leg up going wave of mentioned cycle can push up the price to 170-180 target zone which is strong resistance formed by different types of Fibonacci ratios. After completion of this cycle there may be a correction to the territory of previous wave 4 and another leg up to around 200 USD. Hitting this target makes a larger degree wave cycle which started at 72.5 USD on 13 may 202 1 complete and triggers a considerable correction.
As mentioned in related analysis , AMD is strong bullish stock. AMD recently broke the half of century trend line upward and currently tries to stabilize itself above it. In larger time frames and larger degree waves AMD is in wave 3 of 3 which means we will see unbelievable targets for AMD in long term !.
Please note this is live wave counting and the most probable scenario for now ! We will not sell our valuable shares without a strong reason to do so. Possible top of channel break out calls for target update ! If so, AMD goes even higher in short term! Lets follow !
Wish you huge profits my friends.