AMD begins journey towards $213 in wave v of 3.AMD is all set to rise in wave v of 3.
The projected target for the wave is expected to be around $213.
$164 marks an important swing low for the stock and the SL too can be set around this level.
The way volume has picked up in the stock from JAN, it is also possible for the current wave to out-beat the expected target level.
Amdlong
Looking Bullish on AMD for a swing!Thank you as always for watching my analysis! Please feel free to like, share, and comment on this post. Make sure to let your loved ones know how much you cherish them and appreciate them! They are the ones that love and care about you the most in this harsh world! You are loved and appreciated!
Sell to Open 1 Mar 22, 2024 167.5/155 Put Vertical @ $455.00NASDAQ:AMD
This is a bullish strategy with limited risk of $795.00 and limited potential reward of $455.00.
This strategy will profit if the stock closes above $162.95 by Mar 22, 2024.
There is a 58.11% probability this will happen.
From a technical perspective, AMD is having a wedge formation and will likely breakthrough with
a upward trend momentum.
However, I have a mixed feeling about the AMD's fundamental, so instead of playing an aggressive long vertical call, I tend to sell a vertical put to give myself a higher win probability.
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.
AMD - All Time HighHello Traders, welcome to today's analysis of AMD.
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Explanation of my video analysis:
In 2016 AMD broke out of a long term triangle reversal pattern. This breakout was then followed by a pump of +5.000%. After the 2022 pullback of 70%, perfectly retesting previous structure, we are not certainly back to a bullish market on AMD. If we see a retracement back to the structure mentioned in the analysis, I am certainly looking for more long setups on AMD.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
AMD INV H&S ( SHORT TERM BULLISH )
AMD Inv. H&S, high chance of another bullish leg up to capitalize off of. The reasoning for short term bullish is due to the fact that the weekly time frame is over extended with a similar historial pattern to the previous "top" of AMD's weekly high before falling to correct.
AMD - Approaching All Time HighsHello Traders, welcome to today's analysis of AMD.
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Explanation of my video analysis:
After the massive breakout in 2016 we saw a rally of more than 4.500% on AMD. This rally was perfectly followed by a correction of 70% in 2022. As mentioned in my analysis, I am now waiting for a retracement back to the previous structure and if we have enough bullish confirmation, I will then look for potential trading opportunities.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
AMD Reached to a good buying zone as shown on the chart NASDAQ:AMD reached to a fair price to enter right now and I think it is going to reverse up soon ,so i am buying AMD now now at 108.9 and my target in mid term is 125 and the final target at 156 .
What do you think? Please, comment on what's you opinion
Advanced Micro Devices Inc (NASDAQ:AMD) Soaring As Market GainsAMD made significant revenue and unit share gains in the server, laptop, and desktop PC markets during the last quarter. Year-over-year, AMD gained 5.8% unit share in desktop PCs, 3.8% in mobile, and 5.8% in servers. Looking at the percentage of the cash AMD gained compared to its rivals (revenue share) year-over-year, AMD gained 4.1% in desktops, 5.1% in notebooks, and 1.7% in servers.
The preceding quarters were challenging both for the consumer PC and server markets as chipmakers and their clients tried to normalize inventory levels and align supply and demand. The situation has largely normalized for the two major CPU suppliers — AMD and Intel — in the third quarter as PC makers started to purchase processors for back-to-school and holiday seasons, whereas server makers ramped up production of machines based on the latest EPYC and Xeon platforms. Overall, AMD was luckier than Intel in Q3 2023 as it gained share, according to Mercury Research.
As it turns out, AMD has gained client and server CPU market share both quarter-over-quarter and year-over-year in the third quarter of 2023, based on data from Mercury Research. The data does not include numbers for Intel and Arm, though, given the dominance of AMD and Intel in client PCs, we can guess that AMD's gains were at Intel's expense.
Technical Analysist
Price Momentum
AMD is trading near the top of its 52-week range and above its 200-day simple moving average.
What does this mean?
Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
AMD Shares Climb 9% On AI Optimism Despite Lowering GuidanceAMD expects to sell $2 billion in AI-powered chips next year, as it attempts to catch up to rival Nvidia.
Advanced Micro Devices (AMD) shares leaped more than 9% Wednesday after the company said it expects to sell $2 billion in AI-powered chips next year as it attempts to catch up to market leader and rival Nvidia (NVDA).
The company, which reported better-than-expected third quarter earnings yesterday, is projecting revenue of $6.1 billion (plus or minus $300 million) in the last three months of the year. That number is up from $5.8 billion for the third quarter but below the $6.4 billion analysts had expected.
However, according to some analysts, AMD's lineup of AI processors is more important than its embedded business—chips for industrial, automotive and networking sectors.
AMD is ramping up its investments in artificial intelligence (AI) in an effort to catch up to rival Nvidia, which has become one of the world's biggest semiconductor companies with a market cap exceeding $1 trillion.
AMD's MI300 processor, which the company has described as "the world's most advanced accelerator for generative AI," could help the chipmaker catch up to its bigger rival. Sales of AI-powered graphics processing units (GPUs) are expected to reach $2 billion next year, AMD Chair and CEO Lisa Su said on the company's earnings call.
Su earlier this year called AI "the defining technology shaping the next generation of computing and the largest strategic growth opportunity for AMD," and said the company is "laser-focused on accelerating the deployment of AI platforms at scale in the data center."
Shipments of MI300 processors are expected to begin by the end of 2023, Su said at a product showcase in June.
With Wednesday's gain, shares of AMD are up almost 69% so far this year. While impressive, it's a small gain compared to those of rival Nvidia, which has almost tripled year-to-date and is the S&P 500's best-performing stock this year.
Bullish on AMD.
As you see here on the daily chart, we are bouncing off of a weekly trendline. We are also forming a bullish flag pattern on the weekly chart. So, I would look for a price break above the trend line on the daily chart with heavy volume and look to hold for a few days. This is a beautiful play.
AMD Falling Wedge Breakout - BullishWe traded AMD for over 100% leveraged profits a few moths ago. After hitting both our targets it made its way back to support to give us another great opportunity with a perfect RR.
Check out our older trade and it's perfection.
This trade is less convincing than the last, however the stop loss level is clear as there would be no reason to hold the asset below that support.
$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.