Volume still low, so still a safe short. Watching carefully for any spike in volume, in which case this has excellent squeeze potential for a day trade long.
Expecting correction over next few weeks down to ~$70. Watching that 87-88 range for a new breakout, but it doesn't have the volume. Volume will be key indicator for now.
Expect correction over next few weeks down to ~$68-70. Watch closely at these highs, get out if it pops this ~$87 for another all time high.
Amd is overbought right now. Correction is needed. Short term trend line was broken.
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 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...
AMD short possibility Just above the channel This is quite a large channel a return back to the channel is more likely than a breakout. This is an intraday chart. For leverage traders.
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...
AMD some solid action today. Leaning more towards the sell side, but had a lot of accumulation today. AMD Inc. (AMD) is expected to report its Q2 earnings later this month on July 29. They missed earnings last time, but some call buying came in today.
Expecting a BMS Possibly For a Bearish Run. Liquidity Pool at the EQL, Smart Money might seek out that liquidity first, raid it and go back for a Judas Swing before the bearish Run
💰 LET'S GET INTO SOME ADVANCED MICRO DEVICES ANALYSIS!💰 1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤ (Overall Market Sentiment) 🐻 Bearish AMD looks to be a massive rising wedge from back in 2015 lows. Notice how every major structural support and resistance now now funneled into this tight range at the very top of price...
AMD looks bullish with this price action but it can sustain ? it is running on 200ma and also have bullish price action see what is next further info will be updated.. for more info go to the blog..
NASDAQ:AMD More bearish on this name but too much money came in to ignore. Keeping eyes on this one over $57 for a possible breakout to $60+. Bearish PT: $53 lower
After a strong breakthrough, the support zone 1 and high probability to the trend go done to test the support line 3