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Amdlong

AMD to stay above 25 to 26 dollars.. Bullish on AMD 32.50AMD is continuing to drop a little along with the market. It's not dropping as much as it could which is good. Support is strong at around the 27 dollar range, along with bullish developments on RSI and MACD on the longer time frames. Would like to see this make it's way back up after a possible higher low is created.Would like to see some consolidation at around 30 bucks, and then continue higher possibly 32.50.
NASDAQ:AMDLong
by MorningStockWatcher
AMD Good Morning, The markets took me by storm yesterday and I was not expecting it to react as it did to the rate cuts. Nonetheless, the following weeks will bring volatility back to the market which is great for option traders. I did a quick and dirty of of AMD and decided to hedge my position to the downside. I should have done this yesterday but I didn't move quick enough. Looking at the fib levels, we can see a nice 5% gap from where we are now to the the next retracement. I am doing a short put option to try and capture this downside and re-coup some of my losses. In addition, I noticed that since December 2018 it is not uncommon for AMD to deviate out of the channel by 8% before finding its way back to the technical levels. So keep and eye on this, but also be cognizant that we could see another October 2018. Happy trading. Yours in Mastery, Khalil
NASDAQ:AMDShort
by Vitalfinancials
2
AMD Long Position (Naked Call)Good Morning Friends, It has been about 2.5 weeks since I last published on AMD. Yesterday it Reported earnings meeting analyst expectations. The price has now dropped to sit right on our lower trend line . My speculative assumption is still very bullish. You should be able to pick up some very nicely price slightly OTM call options on AMD today. This is due to the volatility crush. I would not recommend buying any weekly options since they tend to be more of a YOLO play rather than a strategy. Hope this helps! Happy Trading. Yours in Mastery, Khalil
NASDAQ:AMDLong
by Vitalfinancials
AMD Long Position (Naked Call) AMD can offer a tremendous profit opportunity on the daily chart if you are patient and enter at the right time. The strategy I am using on it is buying long on any pull backs to its Fibonacci levels. These opportunities can offer 30%+ in price appreciation over a 60 day period in its current channel up from December 2018. - AMD is currently in a nice channel up pattern and has been respecting this since about December 2018 - At market close 7-Day VWAP is trading about the 30-Day VWAP which is a positive sign of price appreciations - Price is also trading above the 21-Day EMA which can indicate the stock is in an uptrend - We can also see how price respect the retracement level and we just bounced of the upper trend line of the channel - We can see a potential negative divergence on the MFI which could indicate we will go back and test the previous Fibonacci and lower trend line of the channel - I will be looking for this scenario to play out in the next couple weeks or so. - I will post any updates as they develop Yours in Mastery, Khalil
NASDAQ:AMDLong
by Vitalfinancials
4
AMD Still Bullish up to $35 for nowWhat’s happening to AMD? This morning AMD is trading lower however, we still see price is continuing to calmly following the up trend that would lead it to 35 dollars, however at the time there is bearish divergence on the 4 hour chart. Would expect more of a pullback any where from 32.60 down to 32.00 before continuing for more up side. We need a new high above 34.20 for a breakout. The market itself is looking a little dangerous at these levels so things can always turn around for AMD as the down to 31.20’s perhaps.. Nothing below 30.50 and this would still be in an uptrend. Still Bullish on this swing from $28 to around $35 dollars for now.
NASDAQ:AMDLong
by MorningStockWatcher
3
AMD is STILL bullish. Could see 30.50 today We can see that AMD respects the 32 dollar mark as there is a good amount of resistance here. Things are still bullish for AMD even though price is down this morning. It is being influenced by the market. Our idea of the market today is FLAT. If the market has a down day we could see slightly lower prices today for AMD. Downside On the 4 hour chart, our Kijun Sen (26 period) line has a nice gap away from the Tenken Sen (9 period) which is sitting at 30.50. Upside : 32.06 .. This chart looks almost identical to SPY. A breakdown candle leads to 32.06. Anything above this is bullish.
NASDAQ:AMDLong
by MorningStockWatcher
AMD bullish descending wedge up to $35AMD hopefully to see 35 Bucks NASDAQ:AMD You can see on the chart that price made a downward wedge pattern which shows that the momentum is less interested in the current trend and is thinking about changing it's behavior. Price then bounced at support and broke above the the bearish wedge. Then there is bullish divergence on RSI for the most recent two lows on the 4 hour chart. Upside: Eventually AMD should reach 35.00. On this run up. Over the next week or two. Downside: If all heck breaks loose for some reason, AMD can break down below the 200 and we could see as low as 27.50 before we see a turn around back to the upside.
NASDAQ:AMDLong
by MorningStockWatcher
LONG Options Trading: AMD Buy Call $32 Exp: 7/19Understanding The trade: As an options trader my goal is to identify trend change and utilize a breakout strategy to leverage profit off of major trend changes with minimal risk. Even though this contract does not expire till 7/19 I will be looking to take profit by early July as the rate of decay factor starts to come into play as the contract approaches expiry. This should correlate nicely with the Fib Expansion lvl .618. If you have any questions, please feel free to comment below and follow. Thank you and trade safe. Reasons For Trade: • Continuation of the 4th leg for A B • Support on Upward channel (1D chart Nov 17st - Current) • Crypto at yearly high (More miners for AMD Graphics Card) • Fib Expansion .618 correlation Trade Parameters: • Broker: Robinhood • Cost For Entry: Free • Contracts: 5 • Entry Price: .50 • Risk: $250 • Reward: $100 • ROI: 40% • Risk/Reward Ratio: 5:2
NASDAQ:AMDLong
by BradenH
3
AMD for a bounce or break?This appears to be a bounce area for AMD, however I don’t like the change in behavior of the current wave.. it’s a lot more narrow. Price went straight up and straight back down. Lots of red gappy candles. Upside:Today I’d like to see price play around with 30.00 to 32.00 dollars. It appears price will be moving back up as price is currently oversold and showing bullish divergence. Downside: Price can overshoot to the down side, looking at around 27.50. A bounce here is good.
NASDAQ:AMDLong
by MorningStockWatcher
AMD Short - Support Turned Resistance The AMD chart has a few key things that caught my attention and I figured was worth sharing. Charting a fibonacci retracement from our absolute peak in September 2018, and the subsequent October 30th and December 26th lows, we can see some key levels for AMD stock. We can clearly see that AMD has strong support in the $16-17 price range, with the two reversals which were staged then. Both of those recoveries met strong resistance at the $20 level, which happens to be the 78.6% mark off of the $34 high AMD saw. Since then we have seen AMD break the $20 resistance and move up to tap $25 on January 31st. Previously $25 seemed to provide support for the stock, when AMD fell off of its September highs it stopped at that price level, a 50% retracement, and then it continued upwards meeting resistance at the 38.2% line (~$27). We can now see that 50% retracement point as resistance to AMD's momentum after a 2nd rejection that just occurred in the past two days. There are several factors at play encouraging my short position on the stock for this short time period. Long term I can see myself turning bullish on AMD with a good trade deal and some strong signals that economic growth isn't stagnant. Short term, and I mean immediate short term, I don't expect it to impact the next week or two. It could lead to a bump, which could be magnified in semis given their production relationships with that region, but I would go so far as to argue that the market expects a deal to be made at this point with the recent rally and also considering that the White House's announcements regarding trade this week have all been very positive. Since Trump has already announced delaying the tariffs that catalyst should be absorbed by now, he noted that they will "probably" meet later next month. I don't see many other bullish catalysts for this stock following the rejection off that new resistance point, I say this because they have already revealed product lines, they don't report earnings for a bit, some more recent large partnerships are already announced and I am thinking trade may have a muted upside for the near-term. I do, however, see more bearish catalysts for this very narrow period. While a more dovish fed came across with Powell's speech, the underlying message was not positive. Yes, the market doesn't like the Fed raising rates, but it is concerning that the Fed doesn't feel like economic growth is strong enough to continue on the path or raising rates to more "normal" territory (hard to say what normal is there anymore). If the market ends up responding more poorly to this, then I think it is fair to say we'd see AMD get dragged down with the broad market. Not to mention that from a more macro perspective we've already busted our nut with the TCJA and corporate tax rate cuts. As I've already noted that I don't think we will see another trade deal announcement this week or next lends to little upside there, but if we see issues with a trade deal at any point in the near future that would definitely be quite an interesting catalyst (I don't think this is likely, still fun to ponder though). Back to the more technical side. With $25 looking like new resistance, declining volume and a lack of near term bullish catalysts, I expect AMD to make it's next move downwards to at least a $23 support point. If AMD cannot hold $23 then I would expect it to continue down to where the moving averages are converging (~$21 level). Based on this assessment I will be taking the following positions: AMD Puts $25 Strike Expiring 3/1, AMD Puts $24.5 Strike Expiring 3/8, AMD Puts $22 Strike Expiring 3/16. I am not your financial advisor, you are responsible for your own trading activity. Happy trading!
NASDAQ:AMDShort
by Captainsmugglebutt
11