AMD LEVELSAMD Levels and trendline for possible break.
Watch the trendline and the levels for a break on either direction, mostly swing trade / day trade
AMD trade ideas
AMD could rise after retesting supportNeed to see it smash that previous support area some and then begin to take off. I wont feel comfy buying until after it closes over the 9ema. NOTE That is has already passed its previous high on longer scale. major uptrend
AMD 4hr candles show nice setup developing.Price starting to break out of falling wedge after bouncing off of macro trendline support which was also right around POC, top of most recent Fair Value Gap, and horizontal support. Bullish Divergence was also present on the RSI.
Long on AMD There is a current bounce on the Daily Trend Line. I am looking to go long on this security.
AMD game over?AMD is a huge problem. After a nice breakout from Bull Flag, it reached ATH and got rejected very hard.
From there, it falls on the area of support/area of breakout from Bullflag.
From here, AMD needs to recover ASAP, otherwise game is done and ATH won't be seen any time soon.
AMD must bounce above blue 50 days MA to stay bullish.
AMD has been in a downtrend since March 8th, Watch this levelSince March 8th, AMD has been experiencing a consistent downtrend, repeatedly encountering resistance at the descending moving average within this abbreviated timeframe. A pivotal movement above the level indicated by the green arrow could potentially signal a significant upward momentum. It is worth noting that the stock has persistently tested and concluded above the 50-day moving average during the last 4 trading sessions. Should this threshold maintain its support, Should the AMD price efficaciously transcend above the benchmark delineated by the green arrow a successful breach could herald a potentially robust bullish phase.
$AMD - At critical support areaNASDAQ:AMD If the current Point of Control (POC) and Fibonacci support levels fail to hold, NASDAQ:AMD could potentially experience further decline to the $160 area. 👀
AMD is at a Key Level With AMD's price sitting on a key technical support trendline, tomorrow we will see how AMD reacts to China's guideline's to block the use of US chips from AMD and INTC in government computers. With the way AMD has performed over the passed few weeks I wonder if this news is already priced in and does the stock get bought up if it opens red on 3/25 or does the AMD experience a bigger correction and see $160 or below? I'm in the camp that it gets bought up if it opens red tomorrow. I will look to buy the dip if we see weakness in AMD at open. I am Bullish on AMD and the CEO of AMD Lisa Su is one of the top CEO's in business! I think stock will be trading $200+ in the next few weeks.
Advanced Micro Devices Inc. - An Alternate to Nvidia play?This might be a parallel play for those who missed Nvidia.
Be on the lookout for this and see the levels and comments marked on the chart.
AMD 2024 PROJECTIONAMD stock has finally met our 2023 projection, leading us to anticipate a return to support around 150. Following this, it is poised to undergo an Elliott Wave pattern, with Wave 3 potentially reaching up to 300.
Amd consolidation overbreaking out of the downtrend after the rally
consolidation over big move about to happen
Support at 175 trigger for breakout 182
pt 200 215
AMD - Last chance below $180. Next Stop ATH0. Notes to follow;
1. Noticed divergence today with NVDA about 1pm or so it started;
2. AMD down over 20 percent;
3. Pivot on the Bear Market situation with AMD is $182.75;
4. Looking for a move above;
5. AMD Here reversing from double bottom or so, $175.55
6. Looks at the bottom of Large Horn Structure, Megaphone Shape, Bulkowski shows Broadening Bottom on AMD
AMD ABC CORRECTIONAMD should fill the top FVG to then drop to 164 area and meet to 20 ma on a Weekly chart.
AMD - Algos became more clear - here's what we're looking forAn activation of white as our support would be amazing news for the bulls - if it can utilize the strength here to break out of our controlled (but strong) selling channels. If we fail white and get pushed down further (early indication of this will be a failure to hold Teal as support), orange is our next step and is not the most bullish signal for us in the near-term but will definitely give us a reaction.
See you all in the livestream at market open!
Happy Trading :)
AMD Breaking outAMD is on the verge of a breakout. Its a very good buy right now if it can stay about 183. We may face a bit of resistance on the way up at 193. Above 193 our Next target will be 203, 213 and then 227
AMD due for a bounce before new lowsNASDAQ:AMD is due for a bounce to around 200 before dropping further. Same with other tech and semiconductors. Sell-off could begin on Friday. NASDAQ:SMCI NASDAQ:NVDA NASDAQ:QQQ AMEX:SPY
AMD - Opportunities to both sides approaching. Key PA to watch 4Watch for our strong selling purple to continue to push us down to support at orange.
If however yesterday's push down was to prove tapering on orange, we could see a breakout of purple and be back within our magenta tapered controlled selling to continue to move up.
Keep an eye out and I will update you as price develops!
Happy Trading :)
AMD March 15, 24: Pull Back to MA-21In a previous post (see related idea section) on March 12, I wrote about NASDAQ:AMD pulling back to its moving average MA-21 would provide a buy signal.
On March 15, 24, the stock indeed pulled back to MA-21 and closed in green amid weak overall market.
For me this is a good technical sign showing relative strength of NASDAQ:AMD
I bought it right here.
AMD pulling back to MA-20 presents a buy pointThe AMD stock pulling back to the MA-20 is a good buying point. Note that this is also the support of the 3-week accumulation price range.
AMD technical analysis on 20 Mar 2024Stock : AMD
Date : 20 Mar 2024
Main Trend : Up ( but the trend could change to downtrend after breaking the daily upward trend line )
preferred Transaction : Sell ( 181.42 $ )
Reasons : The AMD stock breaks a previous support level on the daily chart at $183.60 and retests it, reversing to the downside again. The most likely scenario is further descent and breaking the upward trendline drawn on the chart.
Technical Analysis success at level : 165 $
Technical Analysis fail at level : 187 $
$AMD Cycle outlook into Sep-Oct 2024NASDAQ:AMD cycles
Daily - looks to have started decline to HCL which is putting NYSE:ADM at a risk of daily cycle failure.
Weekly - printed weekly swing low on the tail end of the weekly cycle. Looking for the decline into ICL around mid May
Monthly - Bigger picture, just coming out of 7 year cycle low. We typically dip into HCL decline into month 23-25 so a final decline to YCL should be around Sep-Oct 2024
AMD $177.55 support, $260 Target0. AMD consolidating here after a correction from $227
1. Expect it to head back to the ATH, and then $260.
AMD target $252And why should the party stop now, right?
This work is all based on my dowsing, fyi. No technicals.
AMD hit my upside target on Friday and immediately, today, the downside plus 2 pts. I had the order backwards, which sucks, but regardless, they are nailed.
Today is a date on my calendar from a past reading, so that combined with AMD hitting a target, this is a typically an indication to look for a good reversal.
Energy is a little bearish, which may be into tomorrow, but overall bullish. I'm expecting another new high. Possible stall around $215-16, and then $252 into next Friday.
That's all for now.
