heyywe have a gap in there and we are in demand zone-ob. you can target that imbalance area.good luck
AMD trade ideas
Analysing Trends, Patterns, and IndicatorsGreetings, fellow traders! I am thrilled to present my analysis and insights on TradingView, where I will be sharing trend analysis, chart patterns, and technical indicators to help you navigate the exciting world of the stock market. It's important to note that I maintain a neutral stance and base my decisions solely on identifying promising opportunities.
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In each analysis, I will walk you through the patterns and indicators I have identified, highlighting key support and resistance levels, trendlines, and other critical technical aspects. My approach is to objectively present the information and allow you to interpret it as you see fit. Whether you choose to go long or short in the stock market is entirely up to you.
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AMD . LONG , TP = 109.29 According to calculations, the trend started on the daily timeframe on October 14. On February 2, there was a test of 88.93 level.
In the near future this level will be tested again.
Take profit is set at the level of 109.29 , with a very high probability we will get profit.
I think it is possible to enter the trade, but I don't exclude that there will be an opportunity to buy more at the level of 75 .
Do not forget about SL = 54.40
Good luck!
AMD Share Price Breaks August 2022 HighIt happened last week. Since the beginning of 2023, AMD's share price has risen by 66%. According to technical analysts at Bank of America, AMD's share price has a bullish outlook; interestingly, just 2 weeks ago, the bank downgraded the stock.
According to analysts polled by the WSJ, AMD's average target price for a share is USD 102.68, which is below current levels.
How can the price of Advanced Micro Devices stock change?
From the point of view of technical analysis of AMD shares, the following barriers to continued growth can occur:
→ the level of 109.42, which is 50% of the decline in A→B;
→ the psychological level of USD 110;
→ the upper line of the ascending channel (shown in blue).
It is also worth noting the unfavorable fundamental background, where the news about raising the US national debt ceiling comes to the fore. ECB President Christine Lagarde on Sunday appealed to US politicians to resolve the conflict. And Treasury Secretary Janet Yellen told NBC that the US is unlikely to survive until mid-June still able to pay its bills.
Therefore, if the AMD stock chart pulls back — for instance, to the lower border of the blue ascending channel — this should not come as a surprise.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
AMD AnalysisPrice gives us no retracement for a entry last week. No change in my expectations, I'm expecting price to continue higher following the bullish order flow. I will be waiting for a retracement at least into the bullish POI at 99.94 before entering.
$AMD Strong uptrend breaking outNASDAQ:AMD Strong uptrend breaking out of horizontal line. First target horizontal line.
AMD Weekly Harmonic Elliott Wave AnalysisOverview: let's review the key points of the update of last weekend:
AMD followed our idea of needing a final leg higher
Wave (a) of V has been completed
We are inside wave (b) of V.
What follows is wave (c) of V of A.
Potential targets for the completion of wave A are 104.93, and 109.05.
Update: I see AMD very close to the completion of wave A of (5). In fact, we are inside wave IV of (c) of V of A, which should continue a bit lower, then the final push follows as wave V of (c).
My targets: 109.05 and 110.58.
MyMI Stock Plays - AMD Option PlayAMD was the Top S&P 500 Gainer today reaching a critical price level of $102.43 and the 50% Retracement Level from it's most recent drop from $164.46.
Really interested in seeing how the price reacts to these levels going through next few weeks, even if it breaks the 102's. Could see some consolidation back to the Green Support that it's currently trending along back to those levels.
But looking into Option Plays longer term back to the $164s if it does and holds.
AMD: Beating Market Expectation, Bullish Bias Ahead?Hello Fellow Global Stock Trader, Here's a Technical outlook for AMD Stock!
Price Action Analysis
After Rebounding on the Fibonacci Golden Ratio Area, AMD has broken out of the bearish channeling pattern. The breakout could confirm a possible bullish trend ahead. The MACD Indicator made a golden cross, signifying a possible upside movement to the target area.
Fundamental Drives
- AMD Q4 Earning 2022 was beating the analyst expectations:
Revenue: $5.6 Billion versus $5.5 Billion Expected
Adjusted EPS: $0.69 versus $0.67 Expected
-Lisa Su plans to release AI chips
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/support area.
Support the channel by smashing the rocket button and sharing your opinions in the comment below!
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the AMD"
Congrats to AMD bulls, make or break time now! 🔭🚀in my last update on May 4th I said " bearish break below trend resistance after ER, but climbing back above today on AI news. we cross 92.65 and we hit 100 within a week or two in my opinion"
well here we are, past my long trigger and target smashed within my projected timeframe :) Now we are at pivot level that goes back to 2022, break above this (104.78) and AMD will likely head to 115-140 in the next few months.. maybe sooner if some good news comes out.
but longs should also be aware we are at pivot/trend resistance, always dangerous to long at any cluster resistance..
rejection here and break of 100.94 and bears take back control for a bit. Boost and follow to show your support :) see you soon ❤
Last phase of the bear market rally?Looking for last rally after latest decline turned into another corrective wave. I am expecting a wave C with 5 waves and the most likely fib levels (time/price) depicted as arrows on the chart. When the rally begins, I am expecting 100% of wave A, which I am estimating to end at May 16 at a price of 115. I am hoping to enter this position below 91.
Eric's Shit AMD drawingsAMD drawing by eric, used to see what the support and resistance lines are for around the $110 price point
ABC/DPossible Rising Wedge noted that is not valid as the bottom trendline has not been broken.
Rising Wedges are bearish after a break of the bottom line. Both trendlines slope up and converge at the apex.
The target is D.
Targets 1 and 2 have been met.
Resistance off occurs at the level of point B in this pattern. More resistance overhead.
This pattern tends to reverse when D is reached.
No recommendation.
long position on AMDMy strtegy is based on price action with the reading of certain indicators that I like whilerespecting all the values that define the stock maket
AMD to under $9630m chart shown above, Banked on AMD calls today but now that we've gotten over $103 we've got to go somewhere. A retracement to .78 on the fibs is where I have demand at $95.50 as long as we stay under $103.30. Such a huge amount of displacement, I think that we should be able to come back to these $103 highs at some point in the near future.
AMD short and long Based on the current chart, AMD appears to be in a diamond consolidation pattern. However, recent movements have created a large FVG area, indicating potential for a retest of $84 before moving higher. If AMD is unable to hold the $81 support during the retest, it may have hit its high for the next few years. On the other hand, if there is a bounce after retesting $84, there may be another move to the upside, with potential shorting opportunities at around $120. Despite these short-term fluctuations, my long-term target for this stock remains at $34.
AMD: Long Idea, 3Bar Play AMD: Continuation on 390m horizon. 3 Bar play identified with breakout of opening range. Acceptance has now moved PA over key levels w/o/w since establishing new character out of April 24, 2023. >102.43 revisits July/MAR 2022 auction// Beta: 1.91%, ATR: 4.12, IV: 48.32%// Bias: Risk on// Price at time of publish: 101.53
AMD AnalysisPrice consolidated since my analysis last week. No changes to my expectations, price is within the bearish POI at 102.43 right now, I'm expecting a retracement back into the bullish POI at 87.81 before we see if price is ready to take the highs at 102.43.
AMD to 80The perfect short entry was at 100
All signs point to short here
I always like to place my trendlines where it's the most touches ! You see with the arrow placement , the connections validate the trend. Never go for pretty, go for accurate
Rsi got Rejected
Some levels for you scalpers to use on the way down
We bounced once off this trendline breakout, now AMD will test it again. Trendline breakout aligns with trendline support so 80 will be a make or break area
The entire chip sector is about to flush in a major way
AMD Harmonic Elliott Wave AnalysisOverview: in my latest update of AMD published on Apr. 22nd, I had wave III of A of (5) being complete and the completion of wave IV of A being very close. Then, I expected the last leg to the upside as wave V of A and my target for that was 112 reached in July.
Update: AMD followed our idea of needing a final leg higher (worth mentioning that we had an unusually deep wave IV). What I see is that wave (a) of V has been completed and we are inside wave (b) of V (it can be complete as a double zigzag or form a third zigzag). What follows is wave (c) of V of A.
My potential targets for the completion of wave A are 104.93, and 109.05, reached in the first week of June.
AMD to $100+ by tomorrow?I'm excited for this one. All day I thought the market was gonna be bearish until I started paying more attention to AMD. retested the low and also made a ChoCH and sweep on internal liquidity. Really expecting us to blast through $100 to $101.85+ tomorrow. Loaded up on $100 calls and hopefully this plays out.
