Advanced Micro Devices - 30d expiry - We look to Sell a break of 55.48 (stop at 59.11) Price action is forming a bearish flag which has a bias to break to the downside. A break of the recent low at 57.17 should result in a further move lower. Daily signals are bearish. There is no clear indication that the downward move is coming to an end. Our overall...
AMD on the Daily Time Frame is showing a rejection on the 100 SMA (Wednesday 11/16) with a bearish candles on Thursday 11/17, I believe this will continue to test lower lows and on Friday 11/18 we will see a down trend on the daily & 4 hourly.
Looking at the AMD Advanced Micro Devices options chain, i would buy the $60 strike price Puts with 2022-11-4 expiration date for about $1.81 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
NVDA is rejecting near the $134-$135 region which is acting as the current resistance. NVDA has formed a descending channel that can be spotted on the 1hr, 2hr, 4hr and Daily time frames. We're currently rejecting off the top trend line and should reach $115-$120. However, if we break the over head resistance we head higher. I'm currently shorting NVDA on pull...
AMD is falling to the floor! Take profits getting smacked and some! Make sure to load up on the drop adn discount!
It’s that time of year again; earning session for US stocks. With so many other variables contributing to volatility in the US markets (e.g., inflation, Fed rate hikes, recession, oil prices, quantitative easing), anything out of the ordinary can result in huge moves in stock prices. This has already been witnessed in an early report from Nike (NYSE: NKE) last...
AMD Retested its previous Broadening Formation in the 1hr time frame we're SHORTTT!!! WITH $64 and $65 puts for 10/14/2022
AMD rejected off the top of it's descending channel and should see further downside. Currently holding $90 puts target price $65 1-2 month swings
$AMD has broken retested and made a big leg down to hit our TP3! This is why swing trades PAY we have been in this for 1month and like a week for more than 20%!
Chart analysis: AMD has broken support level at 71.97, expect going to next level of support at 65.09.
AMD is in a downward channel since Jan this year. Partly because of the Semiconductor issue. The current support level is an important level(75-77) for AMD. It has already tested this level twice. We would have to wait for the price to show us the direction. If we cross 78.5, we could take a long position with the first target around 83.5 levels. If it...
$AMD has broken and retested our entry and hit both take profits! WHAT A PERFECT MOVE!!! We are going to play the next leg down to finish this sequence @TP3, if there is a pull back! IF not then we set trail stops and LOCK IN PROFIT!
$AMD is forming a neutral triangle! the bias would be bullish but if price breaks the bottom trendline it can start a formation of a Head & Shoulders pattern and head down to complete a meaured move to TP2, wait for confirmation! Also mixed news is starting to come in bt more bullish than bearish!
$AMD needs to break the big resistance of $104 before it continues its rally back to 106+ no major news so far about the company and its products. Semis dipped after a market shifted its focus to energy stocks. i believe the semis and the tech stocks will continue to pull back, expect more pain until J Powell next meeting. For now, you might want to check out...
Loaded up on AMD puts for 8/12 $97 strike price 1.25 average cost AMD broke support of $100.74 and has a lower target of $95
IN NASDAQ, share price of AMD look to mature the current upward trend with in overall downward channel. Also, ABCD patterns also seems to complete here. Price might go down from here.
AMD has now reached the upper trend line in the daily chart of it's current descending channel. However, AMD has earnings coming up August 2nd so I'm not holding puts through earnings. Earnings expected to be announced after market close August 2nd. Looking at $93 puts 3 weeks out 9/26 puts if we fail to close above resistance. Doing quick put scalps today and...