AMD BULLISH ANALYSIS 6TH JULY2024AMD is looking very bullish. It can do $215 easily. Watch the analysis as I have discussed how to add AMD.
Let me know if you have any doubts.
AMD trade ideas
AMD - OTM Put Credit SpreadThis is a neutral-bullish out of the money option PUT CREDIT spread trading strategy for AMD. To me, this feels just about right for AMD because I'm very slightly bullish and neutral on the stock right now. This credit spread allows for a full profit in 14 days time as long as the stock does not go down to $152.50.
In this video I go over how to set up a credit spread and how to calculate the profit/loss and the probabilities of it working out.
Advanced Micro Devices (AMD)Advanced Micro Devices witnessed a strong rise after forming a higher low at 153.35$, to close below the last major peak at 174.55$, which is the level that needs to be violated, to shift the trend to an uptrend on the short and medium term, which will push AMD to test higher levels near 183 - 187.69 - 194.40 - 203.55 on the short term.
The stop-loss lies below 25.75$.
the indicators are heading toward the positive side, which confirms the mentioned positive scenario.
The information and publications are not intended to be or constitute any financial, investment, commercial, or other types of advice or recommendations provided.
AMD 200 BY SEPTEMBER !AMD Long 200 BY SEPTEMBER
Forecast: According to Long Forecast, AMD’s stock price is expected to start September 2024 at around $174 and reach a maximum of $177, with an average price of approximately $167 by the end of the month. This projection suggests a -5.7% change from the initial value.
PandaForecast: The weighted average target price per AMD share for September 2024 is $151.81, with a possible monthly volatility of 6.201%. The pessimistic target level is $146.28, while the optimistic target level is $155.95.
Personal Finance Freedom: Their forecast indicates an average price of $170 for September 2024, reflecting an expected increase of approximately 14.8% during that month.
StockScan: The average price target for AMD stock in 2024 is $180.52, with a high forecast of $227.30 and a low forecast of $133.74. This represents a +10.14% change from the last recorded price of $163.90.
"In Trading You Follow A System" - AMD & The 3 Step StrategyHi there its me Lubosi forex,
Am a stock trading expert,
And I want to share with why
I think AMD is going to 🚀!
Yesterday I had a terrible argument with one of my relatives
About using emotional arguments I should have probably kept quiet about it ...but I didn't!!
And the argument blew up 💣 💥
Sometimes when you win an argument you lose a loved one it's a sad thing
But in trading when you follow a system it's a good thing because systems dont care about feelings
Once you have a system you can rinse and repeat.
This is why i use the rocket booster strategy 3 step system.
👉 Step #1 is called the 50 Moving Average
👉 Step #2 is called the 200 Moving Average
👉 Step #3 is called the moving Trend
If you want me to tell you more about this system rocket boost this content to learn more.
Because I used this system to determine AMD is a good Buy💚
Disclaimer:Trading is risky you will lose money wether you like it or not please learn risk management and profit taking strategies.
"In Trading You Follow A System" - AMD & The 3 Step StrategyHi there its me Lubosi forex,
Am a stock trading expert,
And I want to share with why
I think AMD is going to 🚀!
Yesterday I had a terrible argument with one of my relatives
About using emotional arguments I should probably kept quiet about it but I didn't!!
And the argument blew up 💣 💥
Sometimes when you win an argument you lose a loved one it's a sad thing
But in trading when you follow a system it's a good thing because systems dont care about feelings
Once you have a system you can rinse and repeat.
This is why i use the rocket booster strategy 3 step system.
👉 Step #1 is called the 50 Moving Average
👉 Step #2 is called the 200 Moving Average
👉 Step #3 is called the moving Trend
If you want me to tell you more about this system rocket boost this content to learn more.
Because I used this system to determine AMD is a good Buy💚
Disclaimer:Trading is risky you will lose money wether you like it or not please learn risk management bad profit taking strategies.
Mastering Your Emotions in the Financial Markets: Essential TipsHello
Navigating the financial markets can be a rollercoaster of emotions— fear, greed, FOMO, and more. These feelings often drive irrational investment decisions. Understanding and managing these emotions is crucial for successful trading. So, how can investors sharpen their psychological edge?
One must-read book on market psychology is "Trading in the Zone" by Mark Douglas. Douglas likens a top trader to a world-class athlete, both achieving success through mental discipline and consistent systems. To help you reach this "zone," here are five valuable tips:
1. Develop a Trading Plan
A trading plan is your roadmap through the financial markets. It outlines the conditions for buying, selecting companies, and selling. By adhering to this plan, you remain accountable and avoid impulsive decisions.
2. Keep a Trading Journal
A trading journal is essential for assessing your progress and identifying areas for improvement. Document your trades, thoughts, and market observations. This self-analysis will help you refine your strategies and understand your trading psychology.
3. Set Realistic Expectations and Build Confidence
Confidence is key in trading. Confident traders take calculated risks and accept the outcomes. Build confidence by practicing on a demo account, treating it as real money, and setting achievable goals.
4. Practice Risk Management
Effective risk management is non-negotiable. Determine risk/reward ratios, use stop losses, and trade reasonable sizes. These practices safeguard your capital and ensure long-term success.
5. Consider a Trading Therapist
Yes, trading therapists exist! Like athletes with coaches, traders can benefit from psychological support. A trading therapist helps shift your mindset from emotional to logical, improving your risk management and decision-making.
Embrace these strategies to handle your emotions and enhance your trading performance. Remember, mastering market psychology is as important as understanding market trends.
AMD at bottom of long-term rising trend. Potential to USD 280.00Technical Analysis of Advanced Micro Devices (AMD)
Advanced Micro Devices (AMD) shows a positive development within a long-term upward trend.
After a downward correction in recent months, the share now finds significant technical support around the current level.
The share now finds support both at the lower trend line in the long-term rising trend, and there is also a significant technical support level around USD 155.00.
Furthermore, AMD now finds technical support around the 50-day moving average, and the stock was also down some time ago and tested the support level at the 200-day moving average and then turned upwards again from that level.
In the very short picture, the stock is consolidating and meeting some technical resistance around the USD 170.00 level.
Various momentum indicators such as RSI, Stochastics and MACD signal that the stock is likely to face further upswing in the short term, and thus there may be a break above the resistance level around USD 170.00 in the near future.
The share appears to be a good buy candidate at today's price level, and a break above USD 170.00 will trigger new positive technical signals for the share.
The potential for the share is considered to be around USD 250.00 - 280.00 in the 6-9 month term.
What could possibly change today's positive technical picture for the AMD share would be if it had an established break down below the support level at USD 155.00, and below the lower trend line in the long-term trend channel as well as a break down below the 200-day moving average .
However, as the overall technical picture is today for the AMD share, a significant potential for the share is indicated from today's price level in the 6-9 month term.
AMD long trade idea- Down trend correction has done and second wave of downward push seems failed making higher lows.
- Daily MACD and RSI levels get back bullish zone as well as first green histogram forms
- Price rises back to critical range of $160-$170. If price breaks above this range next stop could be $180
AMD (Advance Micro Device)All of the chip stocks have hit their 52 week high. AMD has not. If the market climbs up like i think it will. This stock should hit 200 or so.
This is just my opinion and nothing else. Please buy/Sell stocks doing your own research.
Thank You
AMD LOOKING TO BUY !!!- Technology sector is one of the most grown sectors in stock market at this time. So AMD is semiconductors industry which produce micro devices!
- It is second largest company with 254.88B$ market cap in this industry which is 20 times smaller that NVIDIA 🤡 - bigger competitor.
- I have marked my POINT OF INTEREST where i will look for buys to make better RR. Volume is good just need to catch my entry!
GOOD LUCK 🤡
AMD PUTSI like AMD to push up to the 160 level then reject and fall to 153.60-70 area for puts.
I like AMD calls if we break above 160.80 and hold this level to push towards 166.40 area If we hit the 166 area and reject I think we drop back down to 156
AMD - Bear case scenario: To $120?As we can see here there is a good chance we stay in this megaphone creating confluence with the lower fibonnacci.
Would not go long on AMD until $120. Excellent entry IMO.
AMD upJust like with RBLX, there's a pretty key downward trend line on the 4-hour chart here too. If it breaks upward, there's a good shot at more gains. It'd be nice if the volume spikes during the breakout. That would give more confidence in a higher chance of a winning trade.
AMD--buyan important point is low of 145 for going higher it should not fall below 145 for 5th wave trg we have to cross 192-93 levelfor 233-40 target, and below 145 it can trg 122 and below which 94-96
#AMD $AMD162 ABOVE Trendline breakout
21 ema above daily close
167/174/187 can test
mostly semi stock goes up except amd
#AMD $AMD162 ABOVE Trendline breakout
21 ema above daily close
167/174/187 can test
mostly semi stock goes up except amd
AMD Ready for Takeoff??! or Has the "Bubble" Burst??!!AMD has been consolidating in a horizontal trade range for over a month. The stock recently bounced from the .618% Fib Level on a Bullish retracement from the low of 5/2/24 to the high made on 5/28/24 using the 65m timeframe. A more fine-tuned look at price action reveals a Descending Channel as well as a Falling Wedge/Bull Flag pattern seen on the daily timeframe.
What I'm Watching:
1.Price has been falling on decreasing volume ever since rallying from the .618% Fib Level previously referenced when analyzing the daily timeframe.
2. Monitoring RSI(D) in anticipation of Bullish Divergence should the stock make a slightly Lower Low or the RSI(D) to break above 50 and hold, indicating buyers are in control.
3. The stock reclaiming the 5MA(D), 20MA(D), and 50MA(D) with increasing volume. The stock is currently trading beneath all three, each of which could serve as entry points, profit targets, or stop losses along the way.
4. Possible Inv H&S pattern to form on the daily timeframe with the head being formed by a DBL BTM at/near the LOD from 6/18/24. The neckline would then be at/near the upper Bollinger Band(D) and the 100MA(D). Should the stock reach that level, it would need to be re-evaluated at that time for strength or weakness.
*It should be noted that Q2 Earnings is slated for
Tuesday 7/30/24 and could affect price action.
Entry:
1. Early entry would be a bounce from the top of the Buy Zone. This entry should only be taken if a Bullish pattern formation on a smaller time frame is identified at the level.
3. A more conservative early entry would be a retest of the top of the Falling Wedge/Bull Flag pattern after a break above. Would be watching the top of the Buy Zone, the Ascending Support Zone(D) or strength above the .5% level of the previously mentioned Fib Retracement for added confluence.
2. Ideal Entry would be a Bullish pattern formation on a smaller timeframe signaling a bounce from the bottom of the Buy Zone. Especially if the Lower Bollinger Band, .618% level of the previously referenced Fib Retracement, Bottom of the Falling Wedge/Bull Flag(D), and Ascending Support Zone(D) all can be referenced as support creating confluence. This could create the possible DBL BTM with the LOD on 6/18/2024.
Exit:
Stop Loss should be based on Risk Management and Entry Setup. The logical areas are discussed below in the "Things to cautious of" section, however, keep in mind that the obvious Stops get hit the majority of the time. The best defense against this is a solid entry.
Profit Targets should be based on Risk Tolerance and Time Horizon. Any of the moving averages mentioned before or levels of resistance depicted on the chart could serve as a potential target from here. The main thing to remember is that the stock will not go up nor down in a straight line.
Things to be cautious of:
1. A break and close below the Buy Zone on the daily timeframe.
2. A break and close below the Ascending Support Zone(D).
3. A break and close below the bottom of the Descending Channel(D).
*It should be noted that the market can do anything at any time, therefore none of these scenarios would automatically invalidate this theory, however each one of them would significantly lower the probability of a Bullish move at this particular moment in time. With all that said a break and close below the LOD on 5/14 would more than likely completely invalidate this thesis and stock should be given time to reevaluate,
Advance MICRO DEVICEIf the bottom holds we can see new time highs. However it needs to hold 150. AMD might drop a bit but i think it should hold its upward trend. Simply put all other chips have made close to or around new time high with the exception of AMD
Another AMD Bull FlagAMD has another bull flag, pretty clean looking. I just posted an idea on Monday with a slightly different bull flag that led to a breakout, but no momentum. It closed nearly right on the upper end, looking for a breakout above or a strong rejection.
AMD Breakout?NVDA and semis are weaker today, but AMD has been holding up relatively well. It's been brutal to trade lately IMO, but it's usually one of my favorite stocks and this is a nice looking bull flag. It's a shorter term pattern though and I'd be cautious with it until semis start to show more strength.
AMD UpdateIf you recall, I've mentioned in my recent posts that ideally, we should hit the purple 0.618 at $153.08 for mini-wave b before climbing higher in mini-wave c of B. Last week, that's precisely what occurred. We hit the purple 0.618 and then quickly moved up. Whether mini-wave b is complete remains to be seen. We could still technically drop to the 0.786 area. Once price surpasses the high made on May 28 at $174.54, I will consider mini-wave b definitively over.
With all this in mind, it seems we should be heading towards the target box. The target zone ranges from the 0.618-0.786 retracement fibs between $189.48-$205.27. See the orange fibs? These are the extension fibs if the mini a-b pattern is complete. Look at where the 1.0-1.382 extensions end. Is it a coincidence or the perfect setup? Only time will tell, but I am optimistic about how this pattern is unfolding. I anticipate that this c of B should take about 3-4 weeks to complete.
Bullish on AMDThrough Data ive collected, This chart represents what I think will happen with AMD by the end of the year.
