AMD to close its gap?Advanced Micro Devices - 30d expiry - We look to Sell a break of 115.68 (stop at 122.08)
Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
We have a Gap open at 25/5 from 108.27 to 117.31.
A higher correction is expected.
We are trading at overbought extremes.
In our opinion this stock is overvalued.
Our profit targets will be 100.68 and 97.68
Resistance: 125.00 / 132.83 / 135.00
Support: 115.80 / 108.00 / 102.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Advancedmicrodevices
AMD -> Wait For This SupportHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that AMD stock is currently retesting and already starting to reject a quite nice previous weekly resistance area at the $130 level.
You can also see that the overall uptrend is still valid, after the recent 50% pump AMD is definitely ready for a correction though so I am now just waiting for a correction back to the next support zone at the $105 level before I then do expect more continuation towards the upside.
On the daily timeframe you can see that market structure is still bullish, I am also not really interested in actually shorting AMD, instead I am waiting for a retest of the $105 area and some bullish confirmation and then I do expect another rally towards the upside from there.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
SasanSeifi 💁♂️AMD👉12H 118 / 126 ? LETS SEE!▪️ Hello everyone ✌ By examining the chart in the time frame of 12 hours,as you can see, due to the break of the dynamic resistance, the price faced buying pressure after a slight fluctuation from the $95 range and managed to grow to the $102 range. It is currently trading in the 102 range.📊
📈The scenario that we can consider, in case of breaking the important resistance range and stabilizing above the $108 range, after the fluctuation, the price will grow again to the desired targets of the 118/126 range.
❗️
🔸We have to see how how the price will react to the important resistance range of $108.⚠️ Otherwise, it may be rejected from the range of $108.‼️
⚠️Keep in mind that maintaining the range of $95 is important to continue the positive trend.
▫️The current price : 102.38💲
▫️TF : 12-H
❎ (DYOR)...⚠⚜
What do you think about this analysis? I will be glad to know your idea 🙂✌
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AMD -> Uptrend Will ContinueHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that AMD is actually approaching a quite nice previous weekly support/resistance area which is now turned resistance again.
You can also see that weekly market structure is beautifully bullish, AMD is always creating new higher highs and higher lows, so I am now just waiting for a short term rejection away from the resistance before I then do expect more upside potential.
On the daily timeframe you can see that AMD is showing some rejection at the $110 level which was also previous daily resistance, so I am now just waiting for a retest of the $98 level before I then do expect a new fresh rally towards the upside from there.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
AMD under bearish divergence influence.Advanced Micro Devices - 30d expiry - We look to Sell a break of 92.69 (stop at 98.08)
Posted a Double Top formation.
Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
This is currently an actively traded stock.
In our opinion this stock is overvalued.
A higher correction is expected.
A break of the recent low at 92.87 should result in a further move lower.
The bias is to break to the downside.
Our profit targets will be 79.69 and 77.69
Resistance: 98.00 / 102.43 / 104.59
Support: 95.00 / 92.87 / 89.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
AMD -> It Is Over For Bears!Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that AMD stocks currently looks extremely bullish in my opinion.
We just broke above a key down-trendline, we also created and already confirmed a weekly double bottom and the next resistance area at the $105 area is quite far away so from a weekly perspective I just do expect more continuation towards the upside.
On the daily timeframe you can also see that with today's candle we are breaking above a previous daily resistance area, so I am now just waiting for the retest and some bullish confirmation and then also the daily timeframe looks ready for the next rally towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
AMD to again find support at previous resistance?Advanced Micro Devices - 30d expiry - We look to Buy at 79.11 (stop at 74.48)
Daily signals are mildly bullish.
Previous resistance at 79.00 now becomes support.
50 4 hour EMA is at 77.80.
The sequence for trading is higher highs and lows.
Preferred trade is to buy on dips.
This is currently an actively traded stock.
Our profit targets will be 90.31 and 92.31
Resistance: 86.00 / 88.94 / 91.50
Support: 82.00 / 79.00 / 76.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
AMD Targeting $95.00Advanced Micro Devices (AMD) are trading within a Channel Up pattern since the October 13 Low and is about to form a 1D Golden Cross. The 0.5 Fibonacci retracement level is exactly on the 1W MA100 (red trend-line) and we set a medium-term term target on it at $95.00. We expect every closing above each Fibonacci to target the next above it. The 1D RSI is on Higher Lows and at the moment it is exactly on the trend-line.
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AMD -> Preparing The Rally?Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe AMD stock is currently retesting the neckline of the very obvious weekly double bottom as predicted in my last video analysis which is linked below.
Since we are now retesting previous weekly resistance which is now turned support and we are also having a bullish ema crossover, I do expect at least a short term rally towards the upside from here.
On the daily timeframe, market structure is still overall bearish so I am now just waiting for a deeper retest of the zone and some bullish confirmation before AMD stock will then start the next pump towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
AMD -> Patience And Then BoomHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
From a weekly perspective, AMD stock is looking extremely bullish. We just had a bullish ema crossover, a double bottom and also a trendline breakout, everything indicating that we will actually see the continuation towards the upside.
I am now just waiting for a retest of the neckline of the double bottom, before I do expect the next push higher.
On the daily timeframe, same scenario, just waiting for a retest of the previous resistance which is now turned support and then the continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
AMD -> The Breakout Happened As PredictedHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
In my last video analysis of AMD, linked below, I explained all the reasons for which I do expect the market to provide further continuation towards the upside and actually breaking above the neckline of the very obvious weekly double bottom.
With todays price action, this is exactly what happened, we are seeing a massive breakout to the upside, which could definitely lead to a significant short covering rally.
I am now just waiting for a small retracement on AMD and bullish confirmation to enter a long to also participate in this very bullish momentum.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Is AMD's recent rally coming to an end?Perhaps.
AMD has rallied for the past 8 trading sessions. The first session was on January 6 and ended with a key reversal (new low, closed near the high). Today, another key reversal has occurred (new high, closed on the low). This would indicate that AMD is likely to reverse direction and head lower. I'm going to say it will reach 64 by the end of January or sometime in February. I'm usually a bit too optimistic, so I'm giving myself some breathing room.
AMD tends to correlate with Invesco's QQQ ETF which is heavy in technology stocks, so I often check to see if QQQ is leading the way. As it turns out, QQQ had an even more prominent key reversal today. To me, this just confirms what I think is going to happen.
Of course, I could be wrong. Not all key reversals work the way you want them to (see the red dots in November).
We have just reached a 2-year-old support level that may now become a resistance level between 72.80 and 73.75 (the thick blue line and thin black line). I will be watching closely. If AMD doesn't respect the key reversal, it could break through that area and revisit it a few times like it did in November and December.
Disclaimer: I am not a financial advisor, and the above statements are not investment advice. My comments are only intended for educational purposes. You are solely responsible for your own trading decisions.
Advanced Micro Devices Analysis 23.01.2023Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Advanced Micro Devices Analysis 27.12.2022
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Advanced Micro Devices Analysis 12.12.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis:
AMD in a triangle.Advanced Micro Devices - Intraday - We look to Buy a break of 79.22 (stop at 74.41)
Short term momentum is bullish.
Price continues to trade within the triangle formation.
The bias is to break to the upside.
79.15 has been pivotal.
A break of the recent high at 79.15 should result in a further move higher.
Our profit targets will be 91.48 and 93.48
Resistance: 77.00 / 79.20 / 81.00
Support: 72.50 / 70.00 / 68.50
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Advanced Micro Devices Analysis 27.11.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
AMD is a strong short-term BuyAdvanced Micro Devices (AMD) has been practically consolidating since the October 13 Low. As the long-term trend has been bearish within a Channel Down pattern since the November 30 2021 Market High, the current consolidation following the rebound on the (dashed) Lower Low (diverging) trend-line can be seen as an Accumulation Phase preparing for the next bullish leg to the top of the Channel.
As you see all previous legs within the Channel Down have been following a certain pattern. After a (near) 30.00 1D RSI reading, and a MACD Bullish Cross, the price rebounds to at least the 0.618 Fibonacci retracement level. That is currently at 85.68 buy is outside the Channel Down, so we will settle for a Target within 73.50 - 77.50. Only a break above the 1D MA200 (orange trend-line) can be considered a long-term trend change to bullish.
See how the 1D MACD prints Higher Highs and each break above the Pivot is larger. More or less this is consistent with the price breaks above the 1D MA50 (blue trend-line).
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AMD Advanced Micro Devices Options Ahead of EarningsLooking at the AMD Advanced Micro Devices options chain, i would buy the $60 strike price Puts with
2022-11-4 expiration date for about
$1.81 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
AMD (NASDAQ: $AMD) Ready To Rocket Higher 🚀Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. Its products include x86 microprocessors as an accelerated processing unit, chipsets, discrete and integrated graphics processing units (GPUs), data center and professional GPUs, and development services; and server and embedded processors, and semi-custom System-on-Chip (SoC) products, development services, and technology for game consoles. The company provides processors for desktop and notebook personal computers under the AMD Ryzen, AMD Ryzen PRO, Ryzen Threadripper, Ryzen Threadripper PRO, AMD Athlon, AMD Athlon PRO, AMD FX, AMD A-Series, and AMD PRO A-Series processors brands; discrete GPUs for desktop and notebook PCs under the AMD Radeon graphics, AMD Embedded Radeon graphics brands; and professional graphics products under the AMD Radeon Pro and AMD FirePro graphics brands. It also offers Radeon Instinct, Radeon PRO V-series, and AMD Instinct accelerators for servers; chipsets under the AMD trademark; microprocessors for servers under the AMD EPYC; embedded processor solutions under the AMD Athlon, AMD Geode, AMD Ryzen, AMD EPYC, AMD R-Series, and G-Series processors brands; and customer-specific solutions based on AMD CPU, GPU, and multi-media technologies, as well as semi-custom SoC products. It serves original equipment manufacturers, public cloud service providers, original design manufacturers, system integrators, independent distributors, online retailers, and add-in-board manufacturers through its direct sales force, independent distributors, and sales representatives. The company was incorporated in 1969 and is headquartered in Santa Clara, California.
Advanced Micro Devices Analyze!!!😉Advanced Micro Devices (AMD) completed a Double Zigzag correction in Descending channel.
AMD is completing one of the impulsive waves in my resistance zone, and I expect AMD goes down again to the support zone.
Also, Every time AMD has risen slightly above the EMA 111, it has fallen again (this is the fourth time).
Advanced Micro Devices Analyze, Daily Timeframe (Logscale).
🔴Resistance Zone🔴: 100.4$ until 98.3$
🟢Support Zone🟢:85$ until 82.9$
❗️Note❗️: If AMD breaks(valid) the resistance zone, then we can verify the end of the correction.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe
Why is AMD stock starting to look like a chip bargain?/Lately, everyone seems to have forgotten what an important company Advanced Micro Devices (NASDAQ: AMD ) is. Some traders have dumped AMD stock as if it were toxic. They appreciate the ongoing tension between the US and China. Still, investors shouldn't dismiss Advanced Micro Devices, as the chipmaker's products are still cutting edge and indispensable.
The modern world cannot exist without microprocessors. They control our cars, computers, and phones. There would be no Internet of Things without semiconductors. And Advanced Micro Devices makes some of the most powerful chips on the market, InvestorPlace writes.
So contrarian investors can lean into the volatility and grab Advanced Micro Devices stock before it gets expensive again. Chip market opportunities like this are rare and can be quite lucrative for daring traders.
//Positive catalysts are not included in AMD stock
It's amazing how quickly investors can forget about positive news. As soon as an obvious disaster happens (like the Sino-US tech war), it grabs people's attention and sometimes they panic and sell perfectly good stocks.
///What can you do now?
To a large extent, the tension between the US and China has already affected AMD shares. Surprisingly, the stock has lost half its value this year.
In addition, Advanced Micro Devices continues to threaten its competitors with premium products. Therefore, AMD investors should stay in the trade and consider adding to their positions while the stock is still cheap.