AMD trade ideas
AMD - Headed Lower$98.30 is a major level of interest for me. I'm looking for a solid close below that level, then I want to see a retracement from that move so I can move into a short position back to structure and the weekly/monthly trend.
I'll be a buyer between $76-$80 which is near the monthly coral.
Possible falling wedge on AMDTook a long position on NASDAQ:AMD today hoping we get a breakout from this potential falling wedge here. Had a fake breakdown but then a nice bounce from that 102ish support and is now looking to breakout. Would like to see 113 sometime later this week.
AMD: Bullish Gartley PatternGoing long at the breakout of Higher High at from D Point/PRZ. Stoploss will be placed at the LL or LH as soon as it formed. The XA is approximately at 0.618 retracement and BC Point project is within the 1.618 retracement. Also C point is within the range of 0.382 to 0.886
AMD AnalysisPrice did not play out as analyzed last week. Similar to PLTR, I'm expecting price to follow the bearish order flow, potentially mitigating the bullish OB at 99.94 next.
AMD Potential continuationI like this as continuation for the upside move.
I personally will be looking for buy at 100$,
80$ red zone as deeper discount buy.
AMD - Turn around & go up the canal?AMD - Turn around & go up the canal? A popular stock + above the average line 150MA +
Will meet the lower edge of the channel & rotate up the channel ???
Only an idea and not a recommendation for trading !
AMD Long EntryThis level should hold, i'm actually writing some AMD puts as I don't mind holding the stock and will capitalize on the premiums if not assigned any shares.
Please use a stoploss,
thanks
AMD target $112 & likely back downIt's seeming like we reverse today and I'm getting that AMD reaches $112. I asked if there's anything else I should say in this idea, and my dowsing went to "bull trap". So, don't get real excited here. The trends are going to be down. I would look to short at $112.
Fool me 3 times, f8k the peace sign load the chopper on you Don't save her, she don't wanna be saved. Don't save her, NASDAQ:AMD dont wanna be saved. Don't save her, she don't wanna be saved Don't save her. But i swear if someone save her tho i will be pissed because aint no way NASDAQ:AMD wont try to go to shaded area to 107 before going to the white trendline. they say the 3rd time is always the best so i dont want to be like J.Cole and be like "My only regret was too stupid for not buying too much contracts" "My only regret, could never be bold enough to press the buy button and take Aaliyah home"
AMD: Waiting for 98.80 to buy Based on FIB Levels and short term bearish market bias, I am looking for AMD to drop to at least 98.80 before starting a long position. 98.80 represents the FIB golden pocket and at the FVG #1 gap fill. It may drop to the .7 FIB level and FVG #2, I would consider DCA on the position. STOP EXIT if it goes below around 88
AMD - $104.55 / Inverted Cup & Handle - Great Entry0. Notes to follow;
1. AMD has been consolidating for 3 months.
2. $104.55 looks like a great entry for those that missed the run-up after NVDA earnings;
Market Outlook 8/17/2023Same as usual.
Just an update of what I normally go over. I would type more, but why type more when it is a video that is supposed to be watched.
I give the long story short TLDR in the last 2 minutes of the video.
AMD to 1.618 Fib LevelI'm thinking AMD will eventually break out of this triangle pattern, and reach the 1.618 Elliot Fib Level which is equivalent to about $126 in the 3rd week of August. Then Intel will pay their wall street buddies to put out bad news on AMD to try and drive the price down. Then AMD's wall street buddies will put out more good news on AMD's Artificial Intelligence capabilities, which will then drive the price up to the $137 Fib Level. Last step in the process, is the automated machine algorithms buying up AMD stock early in the 4th week of August to ultimately drive the price up to $155 - $162 Fib Level.
AMD AnalysisPrice playing out as analyzed last week, taking out the equal lows and deeper into the current bullish OB. From here, I'm expecting price to make a bullish retracement, potentially to take out the equal highs at 122.12.
