AMD Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge profit.
There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
Amdshort
Golden Opportunity for PUTS(AMD)AMD has rose massively these past couple of weeks but we are finally seeing major signs of a pullback. We are seeing a very strong signal from the VCPI to sell, meaning that AMD's recent uptrend isn't supported by volume. Not only are we seeing indications of a downwards movement on the daily but the 4h timeframe already started to indicate bearishness by crossing to the downwards on the Willy Oscillator without displaying any oversold signals. We have monthly support resting at 99, which would be a great time to exit puts if we see the necessary signals to exit at that time.
Short Signals
-VPCI
-Willy oscillator
-Reducing momentum(4h)
Price Target
-99
Signs of a reversal coming due to Volume Exhaustion
This stock has been way too hot. Which is awesome, my calls printed every day this week. However, it's likely do to reverse, and this is due to possible volume exhaustion on the stock.
How to tell if the stock is approaching V.E.?
1- Gap up on the chart. From Tuesday to Wednesday the stock made a considerable gap up on the daily chart.
2- Huge spike in volume. Just look at the flipping volume. 224+ Million shares traded???? What????
3. Evening star candle on the daily (in this case its and inverted hammer....also bearish).
**Credit is due to I Heart Stocks channel on YouTube. Jack really knows what he's talking about and called this on yesterdays (Tuesday nights) AMD video.**
AMD head and shouldersAMD head and shoulders
let me start by saying that amd has been one of my favorite ticker symbols out there and have always been bullish on it
however , we are seeing a shift into value and a move away from tech.
worries over inflation only add to the selling pressure.
i am no bear but given the above variables as well as the head and shoulders pattern on the daily as well as the weekly leads me to believe we are in for a long draw down
*** i am aware that as of right now the indicators are showing some bullish divergence but i dont think this will be enough to hold up over the longer the tend.
by all means i am no expert so i would love to hear others opinions and ideas. I welcome the education.
AMD Post-Earnings Trending DOWN, Correction Wave Trough at 74/s?AMD has not fared well since earnings and looks to be about to re-test a previous low. Exit should have been at least mostly executed, but it isn't too late because this is going to fall further. It has room to.
Happy trading, GL, not advice, etc.
-BDR
AMD going to drop down? HUGE RAISING WEDGE I'm thinking this is going to burst down because of the huge raising wedge forming, the stock seems to bounce up and down a lot meaning that it's losing a lot of momentum. instead of breaking resistance levels lately it seems just retest them many times.
I'm thinking it will go down a dollar or 2 on open then quickly be bought back up, what are you guys thinking.
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!
Explosive Performance As support Never Broke. Rising Wedge(AMD)We were analyzing this one about a month ago with signs of it Squeezing under the most recent horizontal high as it ranged sideways towards long term support.
Major explosive bull movement breached the high and now is proceeding to play the top range of the massive rising wedge on a 3day chart.
I'm mainly interested in playing the breakouts of the major s&r levels on this one.
Stay tuned.