$AMD GAP FILL 138 & 160A stock gap occurs when there's a significant jump in a stock's price after market closure, typically driven by some news. When this gap is filled, it indicates that the stock's price has reverted to its pre-gap, or "normal," level. This common occurrence happens as the price stabilizes after the initial rush of buying and trading sparked by the news subsides.
Exhaustion gaps are usually the most likely to be filled because they indicate the end of a price trend.
BUY NOW
According to 30 Wall Street analysts who provided 12-month price targets for Advanced Micro Devices over the past three months, the average price target is $182.18. The high forecast is $220.00, and the low forecast is $145.00. This average price target indicates a 46.14% change from the last price of $124.60 (as of 12/23/2024)
NASDAQ:AMD 's growing presence in the markets for central processing units (CPUs) and graphics processing units (GPUs) is poised to drive significant stock gains. We foresee a robust outlook for the semiconductor specialist's Epyc CPUs in the server and data center segment, as well as strong performance from the company's M1350 and M1400 GPUs.
+ NASDAQ:AMD net profit YoY grew by 777.88% which is 633.31% above its peer average
+ NASDAQ:AMD revenue has grown by 17.57% YoY from Q3 2023 to Q3 2024
+ NYSE:MD EPS is forecasted to grow by 41.26% YoY from Q4 2023 to Q4 2024
+ NASDAQ:AMD has a lower debt to equity ratio (3.02%) compared to its peer average (33.87%)
+ NASDAQ:AMD 's debt to equity ratio has reduced from 40.07% to 3.02% over the past 5 year
SOXL
Is $AMD a massive buy opportunity for 2025?Is NASDAQ:AMD a massive buy opportunity for 2025?
AMD is doing great financially/fundamentally with chips that is 2nd to NVDA. In addition, their data center revenues are growing exponentially.
It is a probably a great buying opportunity here at $121 going into 2025.
Weekly Indicator Panel WARNED last weekend...ALL Red Flags already, as warned by my panel of leading indicators.
You would see that all threshold have been triggered and are clearly red flags IF the week closes at current levels. The week has not ended, but it appears bad enough.
There should be an attempt tp recover somewhat, but overall appears that Santa Claus might crash this rally this year. Furthermore, the year end and year start are keen indicators of the year ahead as well... so watch closely.
$AMD DOUBLE BOTTOM EASY $175 BY NEXT EARNINGA double bottom pattern is a traditional technical analysis chart formation that signifies a significant trend reversal and a shift in momentum from a previous downward movement in market trading. It depicts a security or index experiencing an initial decline, followed by a rebound, then another decline to a level similar to the initial drop, and finally a subsequent rebound that may lead to a new uptrend.
- PlayStation 6 Processor Contract : NASDAQ:AMD has secured the contract to supply processors for the upcoming PlayStation 6, surpassing Intel. This agreement ensures the sale of millions of custom chips and generates billions in revenue, solidifying AMD's position in the gaming console market.
- Strong Financial Performance: NASDAQ:AMD reported remarkable revenue growth, with a 17.57% increase in the third quarter of 2024. This performance underscores AMD's robust market position and profitability.
-AI and Semiconductor Supercycle: The semiconductor industry, including NASDAQ:AMD , is poised to benefit from the rising demand for AI-related products and services. This trend is expected to drive further growth and profitability for AMD.
Positive Analyst Ratings: Numerous analysts have given NASDAQ:AMD a "Strong Buy" rating, with price targets ranging from $155 to $250. This optimistic outlook suggests significant potential gains in AMD's stock value.
AS OF 12/16/2024
RSI (14) 33.31
52W Low 3.99%
Weekly Leading Indicator Panel warns...Reviewing the Weekly charts, especially for the leading indicators, it appears that there is a warning of downside risk imminent.
SG10Y bond yield are about to break out.
JNK TLT and TIP all have bearish engilfing that covers the previous gap up.
Thing is, the coombined US equities chart is somewhat bullish, with a rough bearish harami at the bearish best indication.
Even SOXL appears to be bullish somewhat...
No action needed, but just an early warning given to set the boundaries yet again... looks like the Christmas Rally just fizzled out.
Direxion Semiconductor 3x Bull | SOXL | Long at $30.00So many semiconductor companies... which one to choose? Enter AMEX:SOXL - not for the faint of heart. Losses and gains triple compared to most semiconductor ETFs, so stay away if high-risk plays aren't your thing. The top three holdings are NASDAQ:AMD , NASDAQ:AVGO , and NASDAQ:NVDA - two of which are at all-time highs...
I wouldn't be shocked if AMEX:SOXL enters the low $20's to test the base of my historical simple moving average area, but I don't think we are done hearing about AI and the semi demand. There are large gaps to fill above and below the current price and we are at the 50/50 stage (i.e. historical simple moving average zone) for a price move up or down.
My bet is up, especially with the new presidential administration. If politicians start dumping semis, I'm out. Thus, at $30.00 AMEX:SOXL is in a personal buy zone.
Target #1 = $35
Target #2 = $40
Target #3 = $50
Target #4 = $60
OH NO! $SOXS is primed for a significant rise.The concept of a multiple bottom suggests that the stock has already experienced a significant decline, creating a buying opportunity at a lower price over time.
Plus, Trump is coming= BYE semidocutor stocks!
Stricter trade policies and tariffs on imported semiconductors could disrupt global supply chains, leading to higher costs and potential shortages.
During his previous presidency, Trump focused on "America First" policies, which included promoting domestic manufacturing and reducing reliance on foreign supply chains
Additionally, there were concerns about the potential mismanagement of federal initiatives like the CHIPS and Science Act, which aimed to boost domestic semiconductor manufacturing.
AMEX:SOXL , NASDAQ:NVDA , NASDAQ:AMD , NASDAQ:AVGO , NASDAQ:QCOM : Sell now to take the profit.
IT'S COMING
Weekly Leading Indicators: BEARISHManaged to streamline down to these couple of charts for a set of leading indicators. Simple trend analysis and techincals are being used here for Weekly charts and so weekly analysis is appropriate to set the stage for a top down view.
First up (on the top right corner) is the Combined US equities chart that shows a strong marubozu the previous week (from elections outcome). However, the following week was not a confirmation, but instead casts doubt on the sustainability of the spike to rally on.
Point being, the massive breakout is met with a Dark Cloud Cover that breaks back into the Decision Box (purple box) which was previously marked out for the consolidation range boundaries. Typically when a breakout is followed by a breakin, it tends to follow through to the other end... a break down from the box support. Yellow circle is where it should go through or bounce at.
What gives on this is that the following Leading indicators are eluding to...
SG10Y Govt Bond Yields
The uncanny correlation of this to the US Equities Indexes is remarkable and have been a hallmark of my recent posts and analyses. Here we have a breakout of the trendline resistance. Means equity markets are going Bear.
RED Flag
High Yield Bonds ETF (JNK)
JNK looks to break the uptrend trailstop line, with a lower high that now has a Dark Cloud Cover as well.
AMBER Flag
TIPS and TLT
Both have broken uptrend trailstops and are downtrending with a recent low. These are well known market leading indicators.
RED Flags
Semiconductor ETF (SOXL)
Noted, and personal favourite, SOXL is clearly bearish from simple candlestick patterns.
RED Flag
So, overall, we have Leads telling us it is BEARISH again.
Heads up!
Focus on demand in semiconductors, NVDA leading the way.While there are minor disputes among smaller semiconductor firms, the real focus should be on demand. NVDA is making tremendous strides in the data center space. My long-term target is around $171, but in the short term, we need a weekly close above $140.76 for confirmation. I'm a buyer near $141, with $136.15 standing out as the most attractive entry point in the support zone. Falling below this level could lead to short-term frustration.
$INTC trade looking goodBuilt a larger than normal position on #Intel.
NASDAQ:INTC
The sell areas are highlighted by the yellow circles.
1st tranche around 34.5.
2nd tranche around 43.5.
3rd tranche around 49.
There will be a trailer left for a longer term hold/ This is with the hope that there is a turnaround in the company.
The last gap fill is in the low 60's.
NASDAQ:SMH
Members Daily Analysis - May 22 2024Markets Sold off: IWM (Small caps) underperformed.
Most commodities hit on the downside: Gold, Silver, Copper, Oil
Natural Gas surging & squeezing
NVDA pumping on earnings: Our SOXL calls will print.
SemiConductors i'll be trading tomorrow. NASDAQ:ON , NASDAQ:SMCI , NASDAQ:ARM
MMAT Meta Materials trying to reverse LONG.stockinvest.us
www.nasdaq.com
Yes, MMAT's target got raised 100X ( it has been in that neighborhood before)
MMAT is currently trading at one-tenth of its price mid 2023 and 98% below its all time high.
It got an upgrade of late. The 2 hr chart shows a falling wedge from which there may be an
early breakout. The breakout is a confluence of the apex of the wedge with the first lower
VWAP line of an anchor back to the summer of 2023 when price was about $20.
Given the 30% move Friday and after-hours to close out the week and the
huge upside ( potentially a fiftybagger? ), MMAT deserves a consideration of a long entry.
After the opening bell, I will look at the opening range on a 5-15 minute chart and take my
trade counting on increasing momentum sustained into a new trading week and more eyes
on MMAT. I like this stock's underdog status and the penny stock volatility that might be
harnessed to achieve great profit. In the California Gold Rush, the sellers of shovels, pans
and mining equipment made money with the miners. Chips are the new gold and MMAT
is part of the supply chain for semi-conductors. It's that simple.
INTC Awaits a reversal from the bottom of the recent price rangeINTC in the past week trended up and reversed into a trend down which then went into a low
volatility narrow range consolidation to finish out the week. I see INTC as being in the bottom
of its recent trading range and ready to head higher inthe upcoming week. The RSI lines are
in the area of 35-40 and the slope of the regression line is rapidly decreasing. On the
15 minute chart based on the volume profite and a Fibonacci retracement I have marked
out two targets and the stop loss. I am going back to the well as INTC paid me in February
and appears ready for a swing trade long here. Although, it is in the shadows of NVDA and the
others INTC along with SOUN, DELL, HPE and been recent winning trades and going back
to what has worked in the recent past is my strategy here.
MU breaks through ATHs Bullrun does not relent LONGMU on the monthly chart 4 weeks ago crossed above the previous ATHs of 2021-2022 and has
risen without retesting. Adding $9 to the all time highs for 10% inflation since then would adjust
them to $104 and price is now in that range and above. Price is in the uppermost anchored
VWAP bands and thus prone to reversal. However, MU is not as overextended as NVDA. Its
upside is likely there as it competes in the space. Growth will accelerate once the new chip
plant in upstate NY comes online after the construction is completed. NVDA is reportedly
looking at Vietnam. I already have a large sized position in MU. I will add to it now even
if it may be overbought. There is good cause for the overbuying. I want to support the domestic
economy and understand national security interests in chip manufacturing here in the USA
consistent with the recent federal law and stimulus associated with it.
AVGO dips for a buy now $50 under ATH LONGAVGO is asking to be chased. On the daily chart, the price is now $50 below the ATH of
the top of of the month. RSI on the lower TF green line has pulled back to 72 from 85.
The longer TF black line is admittedly in overbought territory. The longterm growth
expectations of the AI stock defy ordinary technical analysis, AVGO is 3-4% below the ATH.
I see this as an opportunity to diversify in AI stocks by getting a small position in BroadCom
to supplement NVDA, MU and INTC. I am looking at TXN as it has a lower price tag and is
about 10% below ATH. ( The growth prospects need a look to see if they are there.)
I expect AVGO to compete well in the space and can see that it is making agreements with
some other companies well situated in AI .
How to trade SOXLAMEX:SOXL now at 39.57
Falling from 57.04
Good price to buy few now
FYI, i started accumulating few from today
Will again but on good dips until 31
Target prices in 1 year.....47, 57, 63.15, 67, 70, 73.07
Support is now at 39.18, below this can quickly fall to 31 , giving a good opportunity to buy and hold for 1 year target of 73.