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Amdlongterm

AMD: Time to fill the Gap at 106Hey all, I wanted to give a quick AMD update this morning. After today's price action, the structure of AMD's decline has become more clear. I believe we have 1 leg down to go which should bring us to the 106 region and fill the gap that was left behind. This will be good for AMD longterm, as it is not a a good thing to leave open gaps behind in the chart. I will be adding heavily in the 106 region if we get there. Upside targets are still in tact. Good luck traders.
NASDAQ:AMD
by TomDaSpankEngine
2
AMD: Time to go longAMD underwent the C-Wave drop that we warned about in our update a few days ago. C-Waves are generally the fastest moving and harshest waves, so it is no surprise that AMD fell about 15% in just 2 days. The speed and depth of the move even exceeded our expectation. In fact, this move was so steep that it difficult to come up with a clear 5 wave pattern down. It may still just be 3 down so far. My base case is this: AMD has bottomed and will now begin its W-3 My bear case is this: AMD has 1 more low to make, which will likely fill the gap at the 105 level Either way my upside targets remain the same: 160 In 60 days, and 200 in 120 days
NASDAQ:AMDLong
by TomDaSpankEngine
1
$AMD Technical Analysis $AMD Technical and notes NOTES: - The stock has had tremendous uptrend in past year. - We are seeing record high numbers. - Earnings are strong for the company. TAKEAWAY: - As charted, the uptrend is continuing but there seems to be a squeeze as it reaches the Resistance line. - WATCH the resistance line price. - Stock should continue to Resistance line and that is where we see what happens. -- IF stock does NOT break resistance line, it will come down to $144 levels -- IF stock DOES break the resistance line, it will become new support and we will see more uptrend. If you want to see a TA let me know which stock you want to look at.
NASDAQ:AMD
by MARKETLYTICAL
$AMDOn Sept. 30 AMD announced that Google Cloud is expanding its use of AMD's EPYC processors. Google Cloud previously offered developers the ability to use virtual machines powered by AMD's second-generation server processors. It will now be offering virtual machines powered by AMD's third-generation processor, which provides an improvement in price per performance. AMD's stock price closed 2.5% up after the company announced an expansion of its current collaboration with Alphabet's Google Cloud. If you’ve been holding AMD for a little while you know it’s been a struggle. It took just about a year for price to break above it’s previous $100 resistance level and finally we’re trading above it. Advanced Micro Devices is coming towards the end of it’s symmetrical triangle on the daily chart so this might be something you want to keep your eyes on. You have heavy support at $100. MACD ready to turnover. RSI flat. Moving averages all in the right places. Wait for the break! Keep this on your watchlist. - Factor Four
NASDAQ:AMDLong
by TheBlankFund
I'm Looking For a Short On AMD Around $90I have kept my eye on lookout for a spot to short AMD. Price has been playing this rising wedge perfectly. We were looking to short it not too long ago if it would of broke through the support. Instead it surged to return to the top of the wedges resistance. We are now approaching the $90 level. I am interested in taking a short position their based off the pattern recognition. This will be an aggressive play. If were to break the top of resistance I will look to exit. First we need to see if we will get to $90. I stand firm on that price target. Best of luck!
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NASDAQ:AMD
by UnknownUnicorn2319099
32