AMD - $82.55 Buy - Microsoft Possible Merger? AI Chips?0. Notes to follow;
1. After AI news yesterday about Chips from Microsoft and AMD;
2. Looked up old stories back to 2015 about Microsoft buying AMD;
3. Notes here about this..
AMD trade ideas
AMDI'm not sure if anybody uploaded AMD, But On the weekly shows 2nd hammer candle on support after the pullback. Price action hanging on Fib .50. . . Right Daily chart shows Divergence on RSI an crossing 0 line on RSI.
AMD - Rising Trend Channel [MID TERM]- AMD is in a rising trend channel in the medium long term.
- AMD has met the objective at 96.47 after a break of the double bottom formation.
- The price has now fallen, but the formation indicates further rise.
- AMD has marginally broken up through resistance at 85.00.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️
Sell AMD 05/12 expiry, 85/91 call spread for 0.89Post ER play, not expecting AMD to cross day high on 05/03
Sell AMD 05/26 call spread of 88/93 for 0.84 creditPost ER play, not expecting the cross post ER day high
Amd calls into gap fill5/19/23 amd 83c
AMD will fill the gap created on May 3rd.
A call on that date has a 4 delta.
AMD Short IdeaBreakdown of rising wedge, rejected daily VWAP from ATH
General market shift has hit this name hard. Chips were the leaders of this recent rally, not surprising that this name is one of the first to turn.
Support at HKEX:86 on 4hr timeframe, HKEX:83 on daily timeframe. Lose both of these and you're triple confirmed.
Earnings will decide this move, and if the warnings from TSMC earnings are any indicator of AMD's earnings, this should dump through whatever support it's at.
AMD STRONG UPTRENDAMD is currently creating a possible weekly higher low which is an indication of the start of a uptrend on lower time frames. AMD also has earnings after market today which could initiate the move or invalidate it. With the weekly having a closed bullish Pinbar @ the trendline there is strong confirmation signaling a bullish move up for the next week or two.
AMD to resume ZIG ZAG UPSIDEAs we analyze the 4 hour chart of AMD we have continued to seem the same pattern inside the "macro" blue channel and I believe we continue to grind higher inside this channel. As you can see there are 3 other channels inside the blue channel (the white channels) which show a "bullish" correction then a push higher every time. I am looking for AMD to do the same thing until we see bearish signs (price heading out of the blue channel)... Until then I will continue to play the saying "trend is your friend"... Let's continue to look for upside on AMD.
AMD looking healthy despite expected decline in earnings Shares in Advanced Micro Devices, Inc. (symbol ‘AMD’) performed really well in the first quarter of the year and managed to make gains of almost 30% on its share price.The company is expected to report its earnings for the fiscal quarter ending March 2023 on Tuesday 2nd of May, after market close. The consensus EPS is $0,42 compared to the result for the same quarter last year of HKEX:1 ,02.
‘ With a current ratio ( ability to repay the short term liabilities with the current assets in possession) of over 200% and a strong balance sheet where assets outweigh the liabilities on a ratio of 3:1 the company is looking to be financially healthy. This is music to the ears of long term investors even if the EPS is declining for now. ‘’ said Antreas Themistokleous, an analyst at Exness.
On the technical side the price is trading in a slightly declining momentum in the last month but still in profit compared to the beginning of the quarter. Currently is trading on a very strong technical support area which consists of the 38.2% of the daily Fibonacci retracement level, the lower band of the Bollinger bands and also just below the 50 SMA.
Although the short term momentum is bearish, the overall trend is still bullish and this is also indicated from the 50 SMA still trading well above the 100 SMA. At the same time the Stochastic oscillator is recording extreme oversold levels further supporting the narrative of a continuation to the upside in the short to medium outlook.
AMD play for monday 5/1here i explain a little of amd calls or puts, i show the volume profile gaps to either the upside or the downside.
AMD AnalysisPrice playing out beautifully into the bullish POI at 87.81, giving a nice bullish reaction as my last analysis. Right now, we shall see if we have a solid break of market structure above 91.58. If it does, we should see price continue higher, following higher timeframe order flow.
AMD has good earning this time again !AMD has good earning this time again !
but after this gap to above $100 , it can be down with market to make wave E
Bias more on upside for AMD.Watchout resistance at 100
3 sign showing bullish at the moment. (Watch video)
However next week earning will play an important part.
AMD Long IdeaAMD bottomed at the 0.681 fib level this week. Broke out of the demand zone. It also closed a a bullish hammer on the weekly chart. Long above 89.50 and protect at $83. #EarningsPlayMomentum.
AMD REJECT THE DYNAMIC SUPPORTAMD has successfully rejected from dynamic support and potentially for make upside movement to 104.65
AMD Stock Chart Fibonacci Analysis 042823Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 86/61.80%
AMD ready to push higher (30 min)We are seeing good momentum with AMD and I believe we see this stock keep running into next week. All indictors are pointing to more green and higher prices. I tend to look at the Chiku Span (green line behind the price) to let me know if we are going to see momentum slow down but it is still showing strong momentum and far away from the candles. So going into next week lets see if AMD can keep running.
AMD 1D Head and shoulders MACD ConfirmationAs the title says we have a head and shoulders pattern on the 1 day AMD chart, we have MACD bearish crossover, along with volume confirmation.
short Advanced micro devicesRecently NASDAQ:AMD have given a clear breakout from bearish flag pattern.
this would be a nice chance to take a short position.
stoploss above $88.36
first target 79 usd
second target 73 usd
AMD Pt 2 (Still in a Bull Flag Channel)AMD is still firmly planted in the bull flag channel, trying to break out and repeatedly poking the descending trendline. A failure to breakout would mean a 3 falling peaks bearish scenario and retreat to the low 80s. This will resolve within the next few days. (no position : neutral bias)
