AMD initial rebound upAMD had a pullback, but may be nearing the bottom and pushing up this week. Just a short TA. We shall see what unfolds here.
AMD trade ideas
$AMD macd bull cross NASDAQ:AMD macd bull cross
i shown here how previously worked NASDAQ:AMD on same spot
AMD put credit spreadmacro: snp500 QQQ uptrend
News: inflation flattening
TA : Break of tight range, and bouncing off 25ema
STOP: rolling till worthless options or firm break of trend
TP: low value per day or expire
risk: earnings on 25th july
$AMD Double bottom??I like NASDAQ:AMD here if it breaks about this line. Possible double bottom has formed. Notice the wicks in the second bottom (to the right), most pullbacks got bought back and closed green. NASDAQ:AMD has some room to run to $126-$129 in a jiffy. Stocks move quick. You need to react quicker. Don't get comfortable. It's ok to be wrong. It's not ok to stay wrong. Cheers to the weekend and I hope you all make money.
Opening (IRA): AMD August 18th 90 Short Put... for a .91 credit.
Comments: Grinding through my single name IV screener to sell premium in high IV single name here, targeting the shortest duration <16 delta strike to emulate dollar cost averaging into the underlying. Here, the top 10 are: SABR, SNAP, TSLA, CCL, META, NFLX, TEVA, AMD, CLF, INTC. I'm already in TSLA, META, and NFLX and some of the others are too small to be worthwhile from a dollar and cents standpoint (i.e., SABR, 3.22/share; TEVA, 7.58).
As usual, I'm perfectly fine with taking assignment of shares, selling call against if that happens, but primarily just looking to augment the amount of theta I have on, since my usual broad market go-tos (IWM, QQQ, SPY) aren't exactly paying buckets in shorter duration.
AMD -> New Major Bullish CycleHello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of AMD 💪
As you can see on the monthly timeframe AMD stock perfectly retested the 0.618 fibonacci retracement level of the previous bullish cycle and already started a quite nice rejection.
On the weekly timeframe you can see that AMD retested the 50% fibonacci level and also filled the gap which was created a couple of weeks ago so everything is pointing towards more bullish growth.
Finally I am waiting for an entry signal on the daily timeframe - specifically AMD breaking above the current resistance at the $115 area and then I also do expect another daily push higher.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
Tight Consolidation in Advanced MicroAdvanced Micro Devices rallied in May and early June. A pullback followed, and now trend followers may return to the name.
The first pattern on today’s chart is the drop toward $107 in late June. That represented a 50 percent retracement of the initial thrust. Holding that zone could validate the direction of the move.
Second is the tight consolidation pattern that subsequently appeared. AMD made higher lows while staying below the May 25 low. The result is a potentially bullish ascending triangle continuation pattern.
Third, Bollinger Band Width narrowed as the pattern formed. Will price expansion follow that period of compression?
Finally, the chip stock touched its 50-day simple moving average (SMA) on Tuesday but closed above it. That may confirm its intermediate-term trend is still bullish.
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AMD: Possible correctionFrom the point of view of working out the 5th wave (a, b, c) by Elliot, we can observe the following correctional values. I would very much like to see inflation rise tomorrow and the beginning of a good downward movement. In any case, we will act according to the situation, it is useless to argue with the market.
Good luck and profit to all✅ Like and subscribe if you liked it.
AMD potential $104.80After ALMOST getting to the d-target around Mar/Apr AMD backed all the way down to the re-entry trigger at $83.15. A successful reentry at this point would have allowed you to already exit 1/2 of the position, leaving your with a risk free attempt at $104.80.
Our strategy here would be to sell the next 1/2 at $97.58, locking in your profits. This will allow 1/4 of our original investment to ride either to $104.80, or if you want to risk the moonshot we can wait and see if it blows through the d-target on the way to a larger target.
AMD update wave D of triangle is completed , wave E is forming , and after that we expected new high
Wave Plotlooks to be in the early stages of wave 3 here - Expect prices to start climbing rapidly - this might be the last correction worth buying tbh (not saying it's finished but it could be) Overall it won't matter.
AMD Chart Reading - 7.9.23Howdy Traders!
This is just another super-short chart reading. In this case, NASDAQ:AMD is creating a parallel channel (blue one) within a larger parallel channel (the green one). The green channel has been valid since last year since it's really long term, and the price respects it. If NASDAQ:AMD breaks out of the blue channel upwards, then it will be tested by the green channel before continuing on higher. If NASDAQ:AMD breaks downwards, then it will most likely continue to drop.
This chart pattern has a value of $8.63 (about a 7.3% move). This means that if it breaks upwards, you add $8.63 to the price of where it broke-out to create the price target, and vice versa.
Bona Fortuna!
AMD short Idea for JulyI will be looking to short this stock and will target 40-60 level . Let me what do you think
AMD Weekly Harmonic Elliott Wave and Hurst's Cyclic AnalysisOverview: in the previous update, I had AMD in wave (x) of (IV) and had 117.5 as my target. Later, we expected a third zigzag in wave (IV) with a price target of 104.73 expected sometime in the middle of July (~19th).
Update: AMD followed the proposed structure perfectly and peaked at 117.66.
Now, we are in wave c of (z) of (IV) and I have the same price/time target for wave (IV) bottom as before.
AMD in a wave four (4 hour)Looking at the 4 hour chart of AMD I believe we have just finished wave three and now entering wave 4 with about a max upside of 8-10%. With the fib extension, we can see that we have hit the target for a wave three to end ( which is 1.618). We see that we have hit that target and have some upside coming before finishing off more downside in wave five.
AMD looking bearish- If AMD can't break above W2/B wave fib levels then we are headed for a steep and long decline before we experience another bull run. We saw rejection at the level for a W2/ B wave which then leads us to a W3 or a C wave. We can see this stock in the $50 price range in a blink of an eye.
I would not be a buyer as of now for AMD.
AMD | JULY - W3 | Bullish $122 CallingAMD is likely to to get drive for the bulls. Expecting the target of $122.
AMD AnalysisPrice consolidated since my last analysis. Price mitigated the bearish POI at 132.83 as expected and gave a 6.25% bearish move. No changes to my expectations, I'm expecting price to continue lower, potentially to mitigate the bullish POI at 99.94 next.
AMD SHORT It's bear market time, don't believe in miracles and make money today. We must be able to adapt to the situation and the market, and not blindly believe in eternal growth. Don't thank. All profitable trades.
Follow me and more likes please ❤
AMD Target $132 - Pump expected soon🐂 Trade Idea: Long - AMD
🔥 Account Risk: 1.00% - 5.00%
📈 Recommended Product: Knockout / Option (for 1.00% position) or Stock (for 5.00% position)
🔍 Entry: +/- 108.00
🐿 DCA: Yes, down to 102.89
😫 Stop-Loss: 93.05
🎯 Take-Profit #1: 132.82
🎯 Take Profit #2: 150.00
🎯 Trail Rest: Yes (trail after TP #1)
🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no matter how good they look. Do not get a victim of FOMO, there is always another trade idea waiting. 🚨🚨🚨
If you like what you see don’t forget to leave a comment 💬 or smash that like ❤️ button!
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AMD hit a larger weekly resistance zone around 132.00 and retraced from there building a double top and a break through the former local low at around 116.00. We might see a move up to that yellow resistance at 116.00 before we finally go south into the support zone. Unless that former high at 102.89 isn’t broken together with that trend line we remain bullish and expect a continuation of that uptrend.
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AMD -> Targeting The All-Time-HighHello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of AMD 💪
Just a couple of months ago AdvancedMicroDevices Stock perfectly broke above a major monthly downtrend line and since then created a bullish rally of roughly 70%.
On the weekly timeframe you can see that AMD just retested previous weekly structure at the $108 level and in confluence with a 50% fibonacci retracement level I do expect the continuation towards the upside from here.
The daily timeframe however is currently not bullish on AMD and the stock is retesting resistance at the moment so I am waiting for a bullish break back above the structure before then the daily timeframe is perfectly aligning with the overall long term bullish picture.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
AMD: Additional Upside through June 13th
This is a much bigger impulse than I could have imagined. I am speculating that there will be additional upside to the 85.4% fib retracement level at 139.99 (retracement from the 164 top), which will top out by approximately 6/13. Continued upside must be necessary because the 3rd wave created in the current structure is the shortest; therefore, it must be creating a 3rd wave extension with a total of 9 waves for the entire impulse. This leaves 3 more waves to develop- wave 5 of 3, wave 4, and wave 5.
