Get started

AMD

AMD reviewHey guys, this is PunnyTrader I’m using a technical analysis and Elliott waves theory to trade. Since this terrible war, American market has been blocked for Russians, interest has been decreased. I’m one of a few who has an access. Therefore I decided to create my second Youtube english speaking channel to share my knowledge and experience about stock market and trading. Today, I’m gonna show you AMD , (ADVANCED MICRO DEVICES), NASDAQ blue chip. Here we could see a global bullish outlook. I suppose wave number one ended at 48.50$. Wave two at - 1.61$ Wave three finished at the historical maximum. It has 5 sub-waves, and price rate is too far from its limit. So, downtrend from 164.46$ is wave number 4. Minimum 54.57$ may be the end for the whole wave 4 or just for the wave 4-A. What could be interesting in that case? As we know, wave 4 does not overlap with the price territory of wave 1. But there is a close approach to wave number one maximum. From here, someone could have an idea to buy AMD. Yeah, it is possible. Price now is much better than a year ago. But I’m not gonna do this by myself and I can’t recommend it to all. So first, sometimes rules are broken. That is why, here is only one really important support level. It’s 1.61$ Of course, the chip has fallen down more than 3 times. But the possibility of the AMD collapsing still remains. And second, there are no signs of reversal indicators at the long time frames. RSI and MACD are neutral at months and at weeks. According to my trading system, that is one of the reasons to buy any stock. And what do AMD owners need to do? Many of them are in losses. A lot depends on your current stock portfolio. If you have a large position in AMD and little free cash, your option – nothing to do. Traders who have enough free cash and small position in AMD – they could buy and decrease average price. But that’s very individual. So, the main conclusion: to purchase AMD now is too early For holders two options: buy or just hold. Thank you for watching this video, like it. Subscribe to my channel. Profit to everybody!
NASDAQ:AMD
by PunnyTrader
AMD Back To Previous LowsAMD is down 60% from its all time high (ath), and even went so low as 67%. Things are looking grim for the tech stock, however, things may start to turn around sooner than later. This down trend has been going on in a falling channel, which is my favorite pattern to trade. Judging from the magnitute of the decline of the last couple weeks, it seems like the stock want to come back to its previous low. From there, we can expect a small bounce, and potentionally, making a lower low. From there, we want the lower low to be formed above the middle line of the channel. If that is the case, 49 dollars could be the bottom for AMD of this bear market, bringing us to a total decline of 70%.
NASDAQ:AMDShort
by FetchTeam
AMD: Around the 61.8% Retracement! [Target Hit + New Key Points]• AMD is crashing today, and it is rejecting yesterday’s bullish reaction; • What’s more, it behaved exactly as we described in our previous analysis on it: It respected the first retracement at 38.2%, but when it lost it, it just dropped to the 61.8%, ignoring the 50% retracement – This pattern happens most of the time; • In the 1h chart, AMD is losing the 21 ema again, and it seems it wants to fill the previous gap at $62.84 (red line); • It is still above an important support area, made not only by the gap mentioned above, but by the 61.8% Fibonacci’s Retracement; • There’s still time for a bullish reaction, but so far, the price action is not confirming any bottom sign in this support area; • If AMD loses the $62.84 area, the next technical support is around $59 - $58 (blue lines); • AMD is in a short/mid-term bear trend, as it is just doing lower highs/lows in both, 1h and daily charts. There’s no bullish reversal structure on it as well, but if AMD is about to react, now is the perfect time. I’ll keep you posted on this. Remember to follow me to keep in touch with my daily analyses!
NASDAQ:AMD
by Nathan_The_Finance_Hydra
$AMD Bearish head and shoulders pattern formation + ETH merge $AMD forming a bearish head and shoulders pattern, a break of the neckline activates the pattern (daily candle close below the neckline) Demand for GPUs has recently dropped by 15%, but is likely to drop further and farther after the Ethereum merge era. Almost tens of millions of GPUs purchased in the past four years to mine ether, this just shows how much losses are going to be for companies that make GPUs ($AMD, $NVDA) 📉
NASDAQ:AMDShort
by TradingZzone
AMD shortNASDAQ:AMD AMD is losing ground in the graphics card market. According to an Analyst, AMD's share of the discrete graphics processing unit (GPU) market stood at 8% in the third quarter of 2022. That was a big drop from the prior-year period's market share of 17%. Also Nvidia's server processors are going to pose another challenge for AMD. It will be an interesting first quarter for AMD. We expect that we will see the last lows. Thats why we made the following setup: Trading Idea / Shortterm: Entry Sellshort: 65 $ Exit: Stoploss at 74.00 $ Target: 55.03 $
NASDAQ:AMDShort
by tradevola
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:
NASDAQ:AMD
by basictradingtv
11
Advance Micro Devices (AMD) to reach 70 by November 22I'm going out on a limb again, only because it motivates me to stretch the limits of my analytical skills. As I was perusing my watch list last week, I noticed that AMD seems to have reached a support level of 56. I've zoomed out on the daily chart to show you the huge downtrend AMD has been following for the past 12 months. If the price continues to oscillate downwards in this slowly narrowing channel, it stands to reason that the price should rally to 70-73 by the end of November as it tests the previous support level that has now become the new potential resistance level of 73.67. It could even reach 78 if it continues to touch the top trend line. It's not obvious while zoomed out so far on the daily chart, but the intraday price moves taking place with AMD are insane. I bought AMD on October 28 pre-market, with the expectation that the price would rally, but I didn't know it was going to rocket straight up for a 1:6 risk-reward ratio. This is the advantage of pre-market trading. It's easier to board the rocket when it's on the launch pad than it is when it's lifting off. 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.
NASDAQ:AMDLong
by cdnbuzzard
AMD: Around a CRITICAL support area!• AMD is trading at a critical support level today, as we just hit the 38.2% Fibonacci’s Retracement + Red Line at $70.16 (previous bottom); • In addition, AMD lost the 21 ema, therefore, in order to avoid a bearish continuation sentiment, it must react as soon as possible above this key support; • If a bullish reaction materializes (there’s none so far), it would seek the next resistance around $79 again, possibly breaking it; • On the other hand, if it loses the critical support, the next target would be around $63 - $64 – The 61.8% retracement + Gap; • Usually, when AMD respects the first retracement but loses it in sequence, it ignores the 50% and seeks the 61.8% in one single movement; • Regardless of what happens, AMD looks quite good, as it has plenty upside/downside left. I’ll keep you posted on this. Remember to follow me to keep in touch with my daily analyses!
NASDAQ:AMD
by Nathan_The_Finance_Hydra
1
AMD in a bear flag.Advanced Micro Devices - 30d expiry - We look to Sell a break of 55.48 (stop at 59.11) Price action is forming a bearish flag which has a bias to break to the downside. A break of the recent low at 57.17 should result in a further move lower. Daily signals are bearish. There is no clear indication that the downward move is coming to an end. Our overall sentiment remains bearish looking for lower levels. Our profit targets will be 46.46 and 43.46 Resistance: 64.00 / 69.00 / 78.00 Support: 57.20 / 54.60 / 50.00 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.
NASDAQ:AMDShort
by Saxo
1
NVDA, AMD Bottom FormationsNVDA continues to work on its bottom. The Reversal Candlestick in October signaled the end of this stock's correction. The stock has plenty of growth for the future. The red line is the bottom completion level for this chart, a strong resistance level. There's strong point gain potential when the current sideways action breaks out upward. Volume-based indicators are showing slow but steady hidden accumulation. If the current sideways action breaks down, support from the buy zone is quite close. --- AMD is waffling around the U-Shaped Bottom's completion level, which is usually a quick short-term bottom. Once it can sustain within the prior trading range, it can start to develop a range that can then compress and break out. So, it has a couple of areas to work on. Meanwhile, it has sufficient past swing-style runs to be considered for a swing trading watchlist when the short-term bottom completes. If it breaks down to retest the bottom lows, beware of the support at the buy zone.
NASDAQ:NVDA
by MarthaStokesCMT-TechniTrader
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.
NASDAQ:AMDLong
by Saxo
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!
NASDAQ:AMD
by basictradingtv