AMD
looking for entry points on $AMDAMD still has a long runway until INTC starts to crank out chips from the 2 fabs in Arizona. Looks like there is a little bit more give in AMD but it could result in better entry points.
RSI looks like it could fall more before it truly becomes oversold on the daily.
MACD curling up for a potential cross.
AMD analysis updated after 3 months. How has it played out? Hi everyone,
I started investing in NASDAQ:AMD last year. Have done multiple chart and fundamental analyses since.
Let's see how the stock has been performing relative to my prediction.
Last post on NASDAQ:AMD was shared on September 21st . Price was at 100 at that time. I was adding to my position aggressively at that pullback.
Then we went through the 122 level in October and even touched 162 a couple of times in November.
As we are currently in the midst of stock market uncertainty, the price has been consolidating inside the blue box between 134 and 162 .
Watch 134 closely. If it breaks, c ya at 122 .
Congrats to everyone who bought inside the yellow boxes and held.
I still think the company is great and I have not sold my position.
Trade wisely and good luck!
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Disclaimer!!!
This is not financial advise.
AMD [14Dec2021]AMD is bullish but has higher volatility and also pretty close to the low end of the range.
Will I buy it? I probably will. It has higher probability of making new all time highs.
Other bullishness seen in the model : NVDA, AAPL, MSFT, TSLA (background bullishness has dropped since yesterday, I read that as "not so bullish"
Neutral : AMZN
Bearish : DKNG
Goodluck today
Re-evaluate the situation...AMD and NVDA are the best companies in their class, however, the stock prices do not necessarily always represent the fundamentals!
George Soros beautifully said:
The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.
Another good piece of advice from Bill Williams:
Go with the flow,
Ride the tide, and
Bend with the trend.
Some novice traders believe prices could go to infinity, they call it "Moon"!
They never listen to the contrary views, and hardly reevaluate their primary positions!
The most successful trading in history, Jim Simons said:
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."
Having mentioned the above points, You need a primary plan to enter the trade and tools to reevaluate the primary plan!
Stop loss and Trailing Stop Loss is the most important tools that protect you from your mistakes but without attention to position size, they will be less effective!
Let's get back to AMD and NVDA:
The increase in price volume is too much to ignore after a sharp rally of +125% and 157% in the past year!
Reading my previous posts will give you all the information you need:
AMD:
NVDA:
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
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 Short Setup - With Timing Lines This RoundFor those that followed the original idea, the look of the path seems correct, but the unexpected super-parabola was not. Even now, this chart looks wrong when zoomed out, due to the excessive price action at vertical levels.
This next leg will probably be more than your average mean reversion, which is the only reason why I would ever follow up such a poorly-timed idea with the same exact idea. This line of thinking is something I try to avoid under most circumstances because it is the same concept as "averaging down" your cost basis when immediately proven wrong.
I'm a permanent pig with few morals and no time for averaging against a whipsaw. But this is no whipsaw (unless you seriously cannot see the forest for the trees here).
-Semi-Correct-Pig
NASDAQ:AMD
NASDAQ:NDX
CURRENCYCOM:US100
NASDAQ:SOX
NASDAQ:IXIC
$AMD Simple Trend Analysis $AMD Stock review for the upcoming week
NOTES:
-Currently trading at $138/s
-It is testing line B
-IF AMD moves up and breaks the like B it will continue to $144/s LINE A easily
-IF AMD breaks LINE A in uptrend, it will test the resistance line as well
-Currently no RSI Divergence at 1H mark to notice
$MU sniper edition #4*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team entered $MU at $72.92 per share. Our first take profit is $92.
My team averaged up on our position today at $82.5 per share bringing our share average up to $77.71.
OUR FIRST ENTRY: $72.92
OUR 2ND ENTRY: $82.50
FIRST TAKE PROFIT: $92
2ND TAKE PROFIT: $103
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Weekly charts peovide important information!In these charts, you see weekly candlestick patterns are Identical for the 7 biggest tech companies:
AAPL, MSFT, GOOG, AMZN, TSLA, FB, and NVDA have made a bearish candlestick pattern last week.
MSFT, GOOG, AMZN, and TSLA made Bearish engulfing pattern or Brarish outside bar! after a bullish rally in the past 6-8 weeks!
S&P 500 and NASDAQ 100 also made the same pattern:
Short interest for these tickers is between 0.55-1% except for TSLA which is 2.56% and AMD 6.25%.
And, Put/Call Open Interest for the next 30 days is between 0.74 to 1.8, which is relatively high for these tickers..!
Having said that,
In December 2021, the stock market will face challenges such as Omicron, Fiscal year budget, Debt Ceiling, and Quadruple witching!
I am confident that we are going to see a very volatile December and possibly a correction!
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.