AMD 1D Head and shoulders MACD ConfirmationAs the title says we have a head and shoulders pattern on the 1 day AMD chart, we have MACD bearish crossover, along with volume confirmation.
AMD trade ideas
short Advanced micro devicesRecently NASDAQ:AMD have given a clear breakout from bearish flag pattern.
this would be a nice chance to take a short position.
stoploss above $88.36
first target 79 usd
second target 73 usd
AMD Pt 2 (Still in a Bull Flag Channel)AMD is still firmly planted in the bull flag channel, trying to break out and repeatedly poking the descending trendline. A failure to breakout would mean a 3 falling peaks bearish scenario and retreat to the low 80s. This will resolve within the next few days. (no position : neutral bias)
AMD Bearish IdeaThe blue bearish pattern is valid so I am anticipating a move down in to my target area.
AMD Pitch Fan for Price ActionI'm making a slight revision to AMD's upside with a Pitch Fan. It seemed to make a lot more sense on where future price action is headed, as opposed to using a Pitch Fork.
AMD Options levelsAMD daily chart
Some levels I am watching this week. 3 bounces off the 88.2 support spot last week. Watching for a hold of 88.2 support and retest of 90.4 area. If broken, we have room down to test the bottom trendline around 86.6 level.
AMD Inc Chart AnalyticsHi
in Amd Chart in Monthly Timeframe i See strong supply Area and Pice Will Fall to around 37$ but in 37$ is a Good Point to Go for Long
AMD Weekly Harmonic Elliott Wave AnalysisOverview: in my last update of AMD published on Feb 4th, I had bottom being in for the whole correction of AMD. Based on that, I had wave I of A of (5) being complete and expected the completion of wave (a) of III of A of (5) around the middle of February.
Update: I see wave III of A of (5) being complete on AMD and we are also very close to the completion of wave IV of A, if not already complete. What follows is the last leg to the upside as wave V of A and my target for that is 112 reached in July.
$AMD short 2-1-2 reversal (2W)While initially looking for a long, this (potential) reversal on the 2-Weekly chart caught my eye.
Now in 05/19 P 80, with 4 weeks (2x 2W) to go, let's see how this plays out. Can it take out 78.52 (?) worth a shot.
For shorter term price action, I'm monitoring the 2D to weed out some daily noise.
Keep an eye on Earnings beginning of May as well.
Looking to Buy AMD @ 86.73As labeled on the graph. Probably would see some more downside on AMD due to the index falling(which I expect to happen on Monday/Tuesday). But would probably see some gigantic pump happening once the earnings begin to happen which drags the overall tech sector up.
AMD Q2 Earnings CallI'm thinking AMD will hit that HKEX:120 mark a few days after the Q2 earnings call. And then in Q3, I'm thinking we are back at the HKEX:135 mark based off the Fib Extensions Levels and uptrend channel AMD is currently trading in.
AMD Bearish BAT PatternThe pattern has been formed and started to decrease. Expected hit point is about $75.
$AMD, daily, updateThe price stopped its run at 99.13 which is working nicely as weekly level.
There isn't yet a new high, so price action on the long term is still bearish.
This last wave has a solid structure but price action must help with a stable move above 99.13.
Earnings may help.
AMD is potentially bullishForming a very nice bull flag which should take it to 100+ if validated
I'll be entering upon break of the flag trendline. Trade to be posted upon entry but keep this on your radar.
Bearish scenario: AMD fails to regain the white support line (now resistance) and the potential 3 falling peaks bearish pattern plays out instead taking AMD to the low 80s.
AMD: Potential bullish bias toward 144 by the end of yearAMD share's price has been slightly upward biased since last November and expected to remain bullish by the end of this year. Key support is around USD80 mark. As long as price holds above USD78, a bullish rally toward 144 is expected.
Initial support=90
Main support zone=78/80
Risk=60
Major resistance zone=144/150
Time horizon= Dec 2023
$AMD potential failed breakdown.NASDAQ:AMD had a textbook failed breakout, being rejected around $100. This started a bull flag pull back and now a classic failed breakdown is forming. I entered the trade at ~89, I believe a close above $90.50 will validate a further move to the upside.
