Advanced Micro Devices | AMD | Long at $126.00Advanced Micro Devices NASDAQ:AMD may be the sleeping giant in the semiconductor / AI space. While all eyes on NVidia NASDAQ:NVDA , earnings for NASDAQ:AMD grew by 800% over the past year... and are now forecast to grow 40% per year. Any other company would be soaring right now (like NVidia), but that company is getting all the attention. And, to me, this means opportunity for the future. The cashflow is likely to grow tremendously for
NASDAQ:AMD into 2027 and beyond, which may inevitably reward investors with dividends.
From a technical analysis perspective, NASDAQ:AMD just entered my historical simple moving average zone. This area (currently $108-$126) is where I will be gathering shares. Something tremendous would have to change regarding the fundamentals of this company (like a scandal) for the overall thesis to change. There may be some near-term price pains as NVidia gets all the focus, but to meet demand in the semiconductor and AI space, NASDAQ:AMD is poised to fulfill that roll in the future.
Target #1 = $158.00
Target #2 = $175.00
Target #3 = $188.00
Target #4 = $205.00
Amdbuy
Earning report Today! Can $AMD breakout the downtrend line?
Technically, AMD is closing to the downtrend line again. There was a FAKEOUT three weeks before.So will NASDAQ:AMD truly breakout the downtrend line this time?
It will depends on the earnings report today!
Here are 3 Things I'm Watching in NASDAQ:AMD 's Earnings on Tuesday
1. MI300 Series: Flagship AI GPU
• Their new Instinct MI300 series GPUs are built to compete directly with NASDAQ:NVDA H100 chips, supporting both training and inference for large-scale AI models. The MI300 offers high memory capacity and multi-chip module (MCM) architecture, making it suitable for AI workloads that require massive data processing. Early deployments include partnerships with key cloud providers like NASDAQ:MSFT Azure -- which is leveraging AMD’s GPUs for its AI infrastructure.
2. AI-Powered Accelerated Processing Units (APUs)
• Their APUs, which combine CPU and GPU capabilities on a single chip, are designed to handle AI tasks efficiently in edge computing and consumer applications. For instance, AMD’s latest Ryzen AI-powered APUs provide AI acceleration directly in laptops -- aiming to improve tasks like image processing and natural language interactions.
3. Capturing AI Market Share
• Their approach is centered around capturing a larger share of the rapidly growing AI semiconductor market, which is projected to surpass $400B by 2030. As AI models become more sophisticated, they require increased computational resources. AMD’s focus on energy efficiency and competitive pricing allows it to offer alternatives to Nvidia, making it more appealing to enterprises managing rising energy costs and budget constraints. Unlike Nvidia, which has historically focused on high-end GPUs, AMD’s diverse product mix, including CPUs, APUs, and data center GPUs, enables it to serve a broader range of AI use cases. This could lead to more consistent revenue growth as AI applications proliferate beyond just data centers -- spreading into edge devices and personal computing.
AMD (Advanced Micro Devices, Inc.) BUY TF D1 TP = 184.94On the D1 chart the trend started on Aug.8 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 184.94
This level, which I have outlined above, is certainly not a “finish” level. But it is the level that has the “highest percentage of hits on target.”
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
AMD CALL Bought AMD Call
Strike $180
Expiry 14 Jun
Entry $2.50
Expecting AMD to reach
1st Target $184
2nd Target $193
Analysis as below:
Weekly TF:
1. Uptrend -- Above SMA200
Day TF:
1. Structure -- Inverse Head and shoulder (broke out of neckline, now retesting)
2. RSI -- bullish divergence
4hr TF:
1. MA -- Price closed above EMA 25 (blue)
2. Fib R -- Price closed above 0.618 Fib R aka $158 (uptrend in tact)
3. Confirmation candle -- printed green body candle after bouncing off EMA 25 and 0.618.
4. RSI -- not overbought yet/no bearish divergence (More room for upside)
Remarks:
Price is currently testing the resistance of SMA100(purple) for the 5th time.
The frequency of price testing to break SMA100 becoming shorter (Weaker selling pressure)
If price is able to close above SMA50(green) and SMA100(purple), expect AMD to rally in no time.
AMD GO HIGHERHello fellow stocks traders, currently working and watching this stock before it fall, my assumptions to the highest level is 220-243$ before it retrace.
Were on the 2nd moves for distribution type.
Betting the highs is not optional on shorting. best case is that we dont know whats happen next.
This is only my assumptions before it dump.
This is not a financial advice.
Follow for more Stocks to trade.
Trading is risky, dont trade it own it.
AMD: When will it End?For AMD, we've continued to see this rise since our last analysis, partly due to very positive news in the market about chips, indicating that chips look very promising in the near future, as expected. AMD rose by 9% yesterday, and pre-market, it's already opening up by 3% higher. We believe that the 161% mark will be reached quite quickly. This Wave (3) could potentially be much larger than the 227.2% mark, yet we think that this range will be a good point for the next correction to occur. However, we should quickly reach this level of $216.
It's important to remember that, on a larger scale, we are also in Wave III, which should be positioned significantly higher compared to the subordinate Wave (3), which lies between $216 and can reach up to $368 maximum. That would be quite impressive, but realistically, it's likely to be between $216 and $266.
AMD - Starting to Accumulate.AMD - Currently down 50% from ATH starting a position for long-term.
Looking to add at levels of support indicated in cyan. Big bids at 59-50 and 34-29.
Short-term trend change if yellow zone gained. Targeting orange around 100 for profit taking.
Looking for new ATH on gain of purple.
PYR: Breakout Target 50$ by 2024🚀 Exciting developments are underway as Vulcan Forged PYR (PYR) makes a notable exit from a significant accumulation phase. The charts suggest a potential retest of the upper boundary of this range, setting the stage for a breakout with a target of $50 by the end of 2024. Let's dive into the details of this emerging opportunity. 📈🔍
PYR's Accumulation Breakout:
Accumulation Dynamics: PYR has shown signs of accumulating within a range, indicating a period of gathering momentum before a potential price move.
Exit from Accumulation: The recent breakout from this accumulation phase is a noteworthy development, suggesting that PYR is gearing up for a new trend.
The Retest and Breakout Scenario:
Retesting Upper Boundary: It's common for assets to retest the upper boundary of a range after a breakout. PYR might revisit this level, providing an opportunity for traders to confirm the strength of the breakout.
Targeting $50: The bullish sentiment surrounding PYR leads us to set a target of $50 by the close of 2024. This ambitious goal aligns with the potential of the current breakout.
Trading Strategy:
Retest Confirmation: Wait for confirmation through price action, ensuring that the retest of the upper boundary is met with bullish momentum.
Volume Analysis: Monitor trading volume during the retest and subsequent breakout. Increased volume can validate the strength of the upward move.
Long-Term Outlook: Considering the target of $50 by the end of 2024, investors may evaluate PYR as a potential long-term opportunity.
Conclusion:
PYR's emergence from accumulation signals a significant shift in market dynamics. As the cryptocurrency landscape evolves, strategic traders and investors can position themselves to capitalize on the potential breakout, with the ambitious target of $50 on the horizon.
May your trades align with the momentum of PYR's breakout, and the crypto journey be filled with success.
❗️Get my 3 crypto trading indicators for FREE!
Link below🔑
$AMD Quarter 3 (Q3) AnalysisAMD is playing out as planned since the initial Q2 prediction with a dip into the buy zone. I’ve been saying that AMD is an excellent buy opportunity under $100, and the bearish August and September price action has helped to send AMD down to this price level. I have $158.53 as a key price target for Q4, and I believe that AMD will form a new all-time high afterwards. Long-term I think AMD will be a $400-500 stock. The yellow trendline has been acting as a support level and AMD just formed a bullish bounce off this support. The red trendline will act as short-term resistance on the way up.
Advanced Micro Device Symmetrical Triangle Break/ Swing Hi guys this is a Technical Analysis on a Swing Trade opportunity for Micro Advanced Devices (AMD) on the 1 Day Timeframe.
Crruently, we are in the process of breaking out of the Upper trend line of the Symmetrical Triangle. Notice how we are coinciding with the previous candles WICK.
Now before taking any trades, make sure that the breakout is CONFIRMED. Which i will update on the confirmation.
If would be positive for this breakout if we test SUPPORT on this Upper trendline of the Triangle.
KEEP WATCH of FAKEOUTS, where we enter back into the triangle***
Our 1st Target = $125 - $132 range
Our next target and what i'd love to see is if we get ABOVE this range and act as SUPPORT on the "MAJOR RESISTANCE" line.
This MAJOR RESISTANCE line coincides with our TOP on Novemeber 2021.
Lets look at some more CLUE that will help strengthen this breakout in the INDICATORS:
RSI -> Notice how the RSI is coiling up in this range between the BLACK lines.
-> If we break above the UPPER line, this would indicate a trend change and will be a catalyst we need.
STOCH RSI -> Is showing a BULLISH CROSS. This would inject momentum into the breakout and help it move towards Target 1.
MACD => Is also showing that we have BULLISH momentum coming in, with the print of the GREEN histogram and BUllish cross inching towards the 0 level.
-> If we get above this 0 level with the cross, it will further the Bullish Momentum case.
TRADE IDEA:
STOP LOSS 5% below the Upper Trend Line of the Symmetrical Triangle
Scale in your buy orders
CONCLUSION:
We are in the process of breaking a Symmetrical Triangle which will require confirmation for validity. The first target is highlighted on the chart, with the best course of action being us breaking ABOVE the MAJOR RESISTANCE line and having it act as SUPPORT. Our indicators are either showing signs of a bullish case or is in the process of exhibiting such signs.
Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again.
If you have any questions, do reach out. Thank you again.
DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. When trading always spend majority of your time on risk management strategy.
AMD -> New Major Bullish CycleHello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of AMD 💪
As you can see on the monthly timeframe AMD stock perfectly retested the 0.618 fibonacci retracement level of the previous bullish cycle and already started a quite nice rejection.
On the weekly timeframe you can see that AMD retested the 50% fibonacci level and also filled the gap which was created a couple of weeks ago so everything is pointing towards more bullish growth.
Finally I am waiting for an entry signal on the daily timeframe - specifically AMD breaking above the current resistance at the $115 area and then I also do expect another daily push higher.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
AMD -> Targeting The All-Time-HighHello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of AMD 💪
Just a couple of months ago AdvancedMicroDevices Stock perfectly broke above a major monthly downtrend line and since then created a bullish rally of roughly 70%.
On the weekly timeframe you can see that AMD just retested previous weekly structure at the $108 level and in confluence with a 50% fibonacci retracement level I do expect the continuation towards the upside from here.
The daily timeframe however is currently not bullish on AMD and the stock is retesting resistance at the moment so I am waiting for a bullish break back above the structure before then the daily timeframe is perfectly aligning with the overall long term bullish picture.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
20 Reasons for long AMD
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye: In 2016, the stock started its bullish run and created its first multi-year Bullish Order Structure (BOS) and also set an All-Time High (ATH). After a correction move last year, an important point to note is that the Point of Interest (POI) area held, indicating that bulls still have power and the stock is showing strength. It is now poised for the next impulsive move towards a new ATH.
2:📆Monthly: In October 2022, the correction move confirmed a Lower High (LH), signaling the end of the correction. Now, the price may either consolidate sideways or take a reversal impulse move. We need to consider both possibilities. If the price consolidates, the range between 98 and 110 is important, and we should only look for buying opportunities within this range.
3:📅Weekly: A very strong bullish structure has already formed, and the price has made a BOS and almost completed its corrective move. The corrective area ranges from 100 to 104. Here, we need to wait for a strong reversal signal to confirm the buying opportunity. No further signals are needed, only one confirmed reversal signal.
4:🕛Daily: A well-established bullish trend is evident, with a strong inducement and a corrective move that has filled the gap and window. The price is now approaching the most recent support area after the inducement. The most important thing to watch carefully is the confirmation of today's pro-gap. If the price closes above 112 for the next two or three days, or even today, it will provide a buying confirmation.
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: Extremely bullish
6: 2 Pattern Candle Chart: Pro-gap
7: 3 Volume: High selling volumes indicate the end of the correction, and now a confirmation of the long position is needed.
8: 4 Momentum UNCONVENTIONAL RSI: Holding above the 40 area, indicating a middle strength bullish zone.
9: 5 Volatility measure Bollinger bands: Volatility is starting to squeeze, which may lead to a temporary calm or sideways movement before a bullish move. The breakout of the squeeze will provide final confirmation.
10: 6 Strength ADX: Completely sideways.
11: 7 Sentiment ROC:
✔️ Entry Time Frame: Daily
12: Entry TF Structure: Bullish
13: Entry Move: Initial impulsive move
14: Support Resistance Base: The most recent Order Structure (OS) after the inducement acts as strong support.
15: FIB: Not activated yet. Additionally, a breakout of the hourly trend line will provide an additional confirmation.
☑️ Final comments: Buy at confirmation.
16: 💡Decision: Go long.
17: 🚀Entry: 112
18: ✋Stop Loss: 104
19: 🎯Take Profit: 148
20: 😊Risk to Reward Ratio: 1:6.5
🕛 Expected Duration: 30 days