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AMD trade ideas

Earnings Strength before Slight PullbackHello everyone, happy Monday. Here I am presenting my idea of a strong bullish continuation by NASDAQ:AMD going into tomorrow's earnings. Despite the already strong momentum upwards, I believe we see further buying action after tomorrow's earnings into the lower $200s along with strong buying action across broader tech in $PYTH:QQQ. I believe both these securities will top out short-term in the upcoming 4-6 weeks before a brief pullback to the $149 price point before a further continuation upwards. Position: Shares (added between 2018-2020); holding long-term. Please let me know your thoughts and feedback and happy trading!
NASDAQ:AMDLong
by jabs11
AMD GOING UP TO 169 ? NASDAQ:AMD 169 TP THIS WEEK ? 6 REASONS WHY Strong Financial Performance: AMD's financial performance has been a significant contributor to its stock price surge. The company's earnings per share (EPS) and forward dividend & yield figures have shown considerable improvement, reflecting a robust financial health that has instilled confidence in investors. Superior Product Offerings: AMD's product portfolio is another reason for its success. The company offers a diverse range of microprocessors, graphics processing units (GPUs), and other semiconductor products that cater to a wide range of industries. This versatility has allowed AMD to tap into multiple markets, driving its revenue and stock price upwards. Market Share Gains: AMD has been steadily gaining market share from its competitors, particularly in the high-growth sectors of data centers and AI chips. The company's innovative products and competitive pricing have enabled it to outperform its rivals, leading to an increase in its market share. Positive Market Sentiment: The overall positive market sentiment towards the semiconductor industry has also played a role in AMD's rally. As the demand for semiconductor products continues to grow, driven by emerging technologies like AI, IoT, and 5G, companies like AMD are well-positioned to benefit from this trend. Strategic Partnerships and Collaborations: AMD's strategic partnerships and collaborations with other leading technology companies have also contributed to its success. These partnerships have allowed AMD to leverage its partners' resources and expertise to develop innovative products and expand its market reach. Effective Management: Finally, AMD's management team has been instrumental in driving the company's success. Under their leadership, AMD has successfully navigated the challenges of the semiconductor industry, positioning the company for long-term growth.
NASDAQ:AMDLong
by NYRUNSGLOBAL
EDUCATIONAL POST - AMD Short IdeaAMD breaking below critical support. - EDUCATIONAL POST - This is a POTENTIAL Trade Setup , an example of what I will usually do, wait for a break of the area, usually price has broken too sharply past said area to make a decent trade, placing an Entry at the 3:1 Minimum R:R Ratio, inside of a Bracket order, so when my entry is triggered, one ALREADY has they're Stop Losses and Targets set, in the event that one couldn't check their trades. I will also usually split my entries into 1/3rds or 1/4ths inside of the Stop Loss Zone (Colored Yellow instead of Red for this reason), as being averaged into the price like that not only helps mitigate one's losses, but if the trade works, will also, increase gains, earlier & faster Target Entries. This trade idea comes from how the XLK looks right now, will start examining TECH stocks closer.
NASDAQ:AMDShort
by Siadore_
AMD: Positioned for Growth with Strong Product Pipeline and StraSummary: Advanced Micro Devices (AMD) is currently demonstrating a strong bullish outlook, driven by several key factors that make it a compelling investment opportunity for 2024. Product Launches: Ryzen 8000G Series: AMD has introduced the Ryzen 8000G Series desktop processors, featuring advanced AI capabilities with Ryzen AI and the Zen 4 architecture. These processors target gamers and content creators, offering significant performance improvements and efficiency​ (AMD)​. Strix Point Ryzen Processors: Set to launch soon, these processors will incorporate Zen 5 CPU and RDNA 3+ GPU architectures, enhancing overall performance and efficiency​ (www.guru3d.com)​. Competitive Positioning: AMD continues to position itself as a strong competitor to Nvidia, particularly in the AI and data center segments. The upcoming MI300 chips are projected to contribute significantly to AMD's revenue in 2024, with estimates suggesting a $2 billion impact from these markets​ (Nasdaq)​. The new Radeon RX 7600 XT graphics card, which competes with Nvidia's RTX 4060 series, aims to bridge performance and pricing gaps, potentially boosting AMD's market share in the graphics card segment​ (Nasdaq)​. Strategic Partnerships: Strengthened partnerships with major companies like Microsoft and Meta provide additional confidence and stability to AMD's market position. These collaborations are expected to enhance AMD's presence in the AI and data center markets​ (Nasdaq)​. Investment Opportunity: AMD Jun 28, 2024, $160 Call Option Current Price: $164.39 Strike Price: $160 Last Price: $12.25 Breakeven Price: $171.90 Expiration Date: June 28, 2024 Potential Return: 62.45% if AMD reaches $179.90 by the expiration date Key Points: Product Launches: New processors and GPUs enhancing performance and efficiency. Competitive Position: Strong presence in AI and data center markets. Strategic Partnerships: Collaborations with Microsoft and Meta. Investment Strategy: AMD Jun 28, 2024, $160 Call option with a potential 62.45% return. Sources: Nasdaq InvestorPlace AMD News
NASDAQ:AMDLong
by aaronkaltman
Advanced Micro Devices IncorporatedI can provide a technical analysis of AMD based on the provided data. Here's a brief analysis: *Current Situation:* AMD is currently trading at $164.49, slightly below the short-term resistance level of $164.64. *Recent Trends:* - The stock was oversold on May 1st, 2024, with a support level of $157.30, indicating a potential bounce. - The stock was overbought on May 17th, 2024, with a resistance level of $164.86, suggesting a possible pullback. *Short-term Outlook:* - The short-term support level of $162.43 may be tested if the stock continues to decline. - A breakout above the short-term resistance level of $164.64 could indicate a continued uptrend. *Conclusion:* AMD is currently in a consolidation phase, trading between short-term support and resistance levels. A breakout or breakdown from this range could indicate the next directional move. Please note that this analysis is based on a limited dataset and should not be considered as investment advice. Technical analysis is just one aspect of evaluating a stock's potential, and other factors like fundamental analysis, market conditions, and risk management should also be considered.
NASDAQ:AMD
by The_Bull_Trader
AMD LONG It sounds like you're referencing concepts that are related to market phases or trading patterns, particularly in the context of Information and Communication Technology (ICT). In financial trading, "Accumulation," "Manipulation," and "Distribution" are terms used to describe different stages of market behavior, often observed through the lens of technical analysis. These terms might also apply in a broader sense to various resources or commodities within the ICT sector. Accumulation: This phase occurs when investors start buying into or accumulating a stock, commodity, or asset, often quietly and over a period when prices are relatively low and stable. In the context of ICT, this could refer to companies or individuals acquiring technology assets, intellectual properties, or even startups. Manipulation: This can sometimes occur in markets where certain participants have enough power or influence to temporarily control the price movements to their advantage, often to accumulate more at lower prices or prepare for selling at higher prices. In ICT, manipulation might relate to altering information flow or access in a way that benefits certain stakeholders disproportionately (e.g., controlling network access or data flow to benefit specific services or products). Distribution: After accumulation, the distribution phase is where the accumulated stocks or assets are sold off to the public or other investors at higher prices. In ICT, this could involve the rollout or scaling of technology solutions and platforms after their initial development and acquisition phase. In trading and investment, these terms form part of a cycle that analysts and traders observe to predict price movements and make decisions. Applying these concepts to ICT could involve understanding how products, services, or innovations move from development to widespread adoption, how market power is exercised, and how these dynamics affect competition and market health. If you are looking into how these phases apply specifically within ICT sectors like software, hardware, or telecommunications, it involves looking at investment trends, regulatory impacts, market entry strategies, and competitive dynamics. If you need more detailed analysis or a specific industry example, feel free to ask!
NASDAQ:AMDLong
by zacksanfrancisco
AMD(Elliott Waves)Hello friends In AMD share, we see the formation of a pattern in the form of 123 or ABC. But due to the breaking of the $162 range, which was a static resistance, and a pullback to it, the formation of an impulse pattern seems more likely. Therefore, assuming a 5-wave scenario, probably the 4th wave has ended and the 5th microwave has started from the 5th. Therefore, we expect the share price to grow to the range of $184. But if the support of $162 is lost and pullback is made, and in fact the failure is a fake breakout, the zigzag pattern scenario is correct, which is less likely, and we will expect the price to drop to the $150 range. To support me, I recommend that you install Trading View software on your phone and see my analysis and support me with your comments and Boost. Be successful and profitable.
NASDAQ:AMDLong
by M_Gheysvandi
Microsoft to Use Cloud Customers AMD's AI Chips in Place of NVDAMicrosoft plans to offer cloud computing customers AMD's AI chips as an alternative to Nvidia's H100 family of powerful graphics processing units (GPUs). Details will be provided at Microsoft's Build developer conference next week. Microsoft's clusters of Advanced Micro Devices' ( NASDAQ:AMD ) flagship MI300X AI chips will be sold through its Azure cloud computing service. These chips are powerful enough to train and run large AI models, and NASDAQ:AMD expects $4 billion in AI chip revenue this year. Microsoft's cloud computing unit also sells access to its own in-house AI chips called Maia. The Cobalt 100 processors, which Microsoft plans to preview next week, offer 40% better performance than other processors based on Arm Holdings' technology. Snowflake and others have begun using them. The Cobalt chips are being tested to power Teams, Microsoft's messaging tool for businesses, and are positioned to compete with Amazon.com's in-house Graviton CPUs. Technical Outlook Advance Micro Devices (AMD) stock is up 2.1% on Friday's early market trading with the daily chart depicting a resurgence in price due to the bullish flag pattern formed. Further accentuating the bullish trend is the "Three White soldier" pattern which is a bullish reversal pattern that occurs after a falling wedge or downtrend, it signifies bullish takeover.
NASDAQ:AMDLong
by DEXWireNews
AMD- Buying on corrective distributive STAMD had a buying climax on 8 Mar and followed by a corrective downside for the next 2 months. The decline is rather corrective and as such, we are taking a bet that there will be an upside for now to form a potential distributive Spring Test. Especially it had since broken out of the falling wedge. To add, the confirmation of the smaller diamond bottom adds on to the bullish reversal. On the indicator front, My Midterm (53,10,10) Stochastic saw an oversold crossover and 23-period ROC has return back to the upside. Buy at spot with a TP of 207 and could wait and see at support of 145.06.
NASDAQ:AMD
by William-trading
AMD correction is over. Buy for the long-term.Back on March 13 (see chart below) we gave a bold (for the majority of the market) sell signal on Advanced Micro Devices (AMD), as we saw the stock topping at the top (Higher Highs trend-line) of its 2-year Channel Up: Our signal was delivered and the price corrected significantly by -37% and has almost reached the 1W MA50 (blue trend-line), which was the level that held and made the last bottom and Higher Low for the Channel Up on the week of October 23 2023. As the 1W RSI also reached the symmetrical Support level of the October 2023 bottom (45.50), we believe that the market has already started the bottom process and any week now will start the new Bullish Leg of the Channel Up. Technically the previous 2 rose by +144% but we will settle our own long-term Target a little lower at $300.00, so that it makes a standard Higher High on the Channel Up. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:AMDLong
by TradingShot
2
AMD UpdateStill waiting for AMD carve out it's B wave of ii. I am still tracking the possibility of this being all we get for ii, but as stated previously, I don't feel that is the case. I would like to see us create a basic 3-wave move up into the target box labeled B before falling again for c of ii. However, B waves seem to be complex more than simple. For this reason, I feel we get a double zigzag into the box which will take time. No rules govern time duration so this thing could drag out for quite a while. Normally price would move to the 0.382 @ $169.35, then drop to the 0.236 area @ $157.99, before raising to the 0.618-0.786 area @ $189.47-$205.23. That is just the "normal" path for price to take during a retrace. Rather we get that or not remains to be seen. For now, all we can do is wait for that B wave to start.
NASDAQ:AMD
by TSuth
1