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Amdisbetter

AMD -> The Breakout Happened As PredictedHello Traders, welcome to this free and educational multi-timeframe technical analysis . In my last video analysis of AMD, linked below, I explained all the reasons for which I do expect the market to provide further continuation towards the upside and actually breaking above the neckline of the very obvious weekly double bottom. With todays price action, this is exactly what happened, we are seeing a massive breakout to the upside, which could definitely lead to a significant short covering rally. I am now just waiting for a small retracement on AMD and bullish confirmation to enter a long to also participate in this very bullish momentum. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:AMD
by basictradingtv
31
BULLISH on AMD -- here's whyDespite recent headlines we've seen between the tech sector / supply chains & AMD having security vulnerabilities in their old processors, mind you the coverage has it backwards IMHO & detecting security flaws on older model processors IS NOT negative coverage -- as opposed to what every journalist / financial analyst writing for Benzinga or Bloomberg would have you believe. Let me put my forex targets in before I get into my explanation: 41.00 STOP TP1 46.05 TP2 52.62 TP3 59.10 So I'm sticking with my guns ON AMD based on 3 separate yet concrete factors: 1) Fundamentals all seem to point in $bullish mid-long term projection analysis, with BB/KC/VOL/RSI/MACD all pointing towards bullish priceaction 2) Supply chains for AMD / MSFT will not be as detrimental as that of $AAPL as we're lead to believe -- since these tech companies deal moreso in larger/more expensive hardware & software than a trillion iphones being made in sweatshops. Therefore, I am not concerned about supply chain impact. 3) Lastly, the indicator to confirm the fundamentals: a Bulkowski's double bottom as encircled by the yellow on the chart above. For this reason I'm standing firm on my position for AMD & that's my two cents on this stock...I don't deal with policy advisory work pertaining to WallST nor forex markets -- strictly CRYPTOCURRENCIES therefore there's no need for an extended lengthy disclaimer and so I'll keep it short & sweet: DISCLAIMER This is not financial advise. Please conduct your own research & analysis before making any investment decisions, while also investing responsibly & not more than you can afford. Cheers. Enjoy your evening. -@a1mTarabichi
NASDAQ:AMD
by a1mtarabichi
1
TECH stocks to hold the marketI believe tech stocks will prop the market up throughout this bearish action that can be seen. They will be the largest gainers during green days for the stock market, holding the market relatively steady in place. AMD can be seen to have formed a nice pullback which opens an opportunity for a long position. This is a great company with strong fundamentals and continuous growth. Included a fractal if price is bullishly rejected at 50MA and follows the strong linear regression trend forming a second wave up to break a large resistance formed. If this breaks it will open up a large trading range. Huge opportunity.
NASDAQ:AMD
by Bixley