AMD GAMEPLAN - JANUARY 31-FEBRUARY 4This AMD plan shows possible trade ideas for longs and shorts.
-Currently, AMD has had a double bottom of sorts, and passed the previous swing high with ease.
-The price still falls below the Anchored VWAPs and below the highest volume by price range (112)
-Strongest buying pressure in recent times
-Passed above the 50EMA with ease
-MACD looks strong on 1hr
Also hit a strong Fib support off of 99.00
AMD
AMD oversold at January 2021 level | Buy areaAMD recently touched the January 2021 high and it`s oversold while the earning are growing.
This dip looks like a great buy opportunity in my opinion.
The buy area is between $95 to $105
The short term upside is $118
Looking forward to read your opinion about it!
Advanced Micro Devices (NASDAQ: $AMD) Is Down 36% From ATH PriceAdvanced 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 x86 microprocessors for desktop PCs under the AMD Ryzen, AMD Ryzen PRO, Ryzen, Threadripper, AMD A-Series, AMD FX, AMD Athlon, AMD Athlon PRO, and AMD Pro A-Series processors brands; microprocessors for notebook and 2-in-1s under the AMD Ryzen, AMD A-Series, AMD Athlon, AMD Ryzen PRO, AMD Athlon PRO, and AMD Pro A-Series processors brands; microprocessors for servers under the AMD EPYC and AMD Opteron brands; and chipsets under the AMD trademark. It also offers discrete GPUs for desktop and notebook PCs under the AMD Radeon graphics and AMD Embedded Radeon brands; professional graphics products under the AMD Radeon Pro and AMD FirePro graphics brands; and Radeon Instinct and AMD Instinct accelerators for servers. In addition, the company provides embedded processor solutions under the AMD Opteron, 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. Advanced Micro Devices, Inc. was founded in 1969 and is headquartered in Santa Clara, California.
Scenarios for BTC. Looking for 37,910 end to week Check the BTC End Above 41,700 idea for where all of my ideas are updated to. I have some that were private that can only be seen there.
I want to see the day/week end at or slightly above 37,910. Month can look decent if it holds around 39kish. Im too lazy to find exact spot. I mentioned it in video. I dont think that is as important until the last day of the month though.
If we end under the targets I mentioned, then I am most likely (maybe 80%) bearish. I think bull possibility is more likely at this time.
Bullish case for BTC. Finally Sign of HornsVideo goes over it pretty quick. We start candles above support very nicely. Almost too perfect.
Take care, stay safe and good luck on your trades yall. I am feeling a bit better then I have been recently.
Here are streams if anyone is interested.
www.tradingview.com
www.tradingview.com
AMD Post Recovery. AMDImmediate targets 144, 155 and then 164. Invalidation at 172
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
$AMD Analysis, Key levels & targets $AMD Analysis, Key levels & targets
Looking for 102.5 to get in
Open orders at both Target 1 and 2 since earnings are coming up
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. (If I have time)
Have fun, y’all!!
(\_/)
( •_•)
/ >🚀
Semiconductors at long-term supportWhen looking at a weekly chart, it is easier to see if an asset is in a bullish or bearish trend.
Taking a look a the SOXX, we see we are at a potential place for a bounce.
I chose the 52 exponential-moving average because there are 52 weeks in a year, and it has worked very well in the past.
A close on a weekly basis below this level is the signal to get out. If we can hold though, it would be a strong bull case for a bottom.
AMD PARABOLIC SELL SIGNAL!! SHORT to $106.28This trade is a setup with >80% SUCCESS RATE in my experience. I have come up with this setup and I dont think this is described anywhere else. So I am letting everyone see some of my proprietary trade signals. Its an adaptation of Bollinger Band reversion to the means rule. This rule is designed to show where price has runaway and is WAY OVERVALUED and MUST revert to the means. In this case I use the 39 EMA as the Mean average. That becomes the Target Price of the expected move.
The PARABOLIC SELL signal is setup with Price TOUCHES or GOES BEYOND the outer Bollinger Band which is 2 STD DEV beyond the means. The price MUST reach that outer band a MINIMUM of 5 times. Each count (1-5) MUST not be interrupted by more than ONE candle that does not touch the outer band. In this example AMD Price TOUCHES or GOES BEYOND 6 times in a row with NO interruptions. But, my rule allows for one interruption between each count at a MAXIMUM. If there is MORE than 1 interruption then the count begins again. AFTER the 5th count if price retraces 50% of the last candle height then a SELL signal is initiated.
As you can see on this 3 DAY chart of AMD we have a PARABOLIC SELL signal after a 6 count where price has retraced 50% of that candle.
Next, my rule says to place the SHORT LIMIT order somewhere between the prior candle close and most recent high (usually that same candle high), with a SL just above the most recent high. Target Price is the 39 EMA.
So in this case my SELL LIMIT order is at $151.58 with SL at $157.28. Downside TP = $106.28. This is a 7.95 R Trade. That means that this trade could LOSE almost 8 x and still be break even. This rule is NOT 100% but it is successful >80% in my experience trading it. Also the longer the TF the more relaible the Signal. This is a 3D Chart. It works nearly 100% on Weekly charts. So I would expect about a 90% chance this trade is successful (assuming my Limit Order gets filled)!! (sometimes the order does not fill)
I hope this helps someone learn something. Lets see if it plays out as expected. The last time I described this was MRNA SHORT and SPX SHORT about 1.5 years ago. BOTH trades worked as described. The same setup actually occurred in TSLA yesterday but I failed to see the setup to take that trade.
Trade what you see!!
EURUSD Weekly Analysis and Directional BiasEU has been consolidating for quite a while now but now seems to breakingout to possibly continue it's downward trend have swept buyside liquidity on the Weekly and Daily TFs. The pattern drawn out is that of AMD (Accumulation, Manipulation, DIstribution - ICT's Power Of Three. And so my anticipation is that peice will continue bullish as a retracement into the weekly candle then continue down as structure has been broken to the downside already and this will complete the AMD pattern. So if looking for buys, will do so cautiously.
My AMD Forecast change From Short to Neutral..!AMD has reached the lower border of the Bearish channel and bounced back!
In the past 72 days, AMD has lost 27% of its value, and this process could be extended further..!
Meanwhile, there is a possibility that AMD Approaches the upper border of the channel before going lower!
Good entry will be published if the reversal pattern is confirmed..!
I change the status from short to neutral..!
you can see the most important support(green line) and resistance (red line) levels.
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Possible scenario if AMD close below 130!AMD closes below 50EMA for the 3 days in a row, for the first time in the past 3 months!
AMD is in a complex correction, this phenomenon has been explained with details in the previous posts!
based on the similarities between the current correction and the previous one, I think it is highly likely that AMD go down to 120 in the next 5-6 weeks!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
*You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!(Based on Option wall data)
**Yellow line Shows Maximum Pain level.
***You can see more details and educational materials by reviewing the previous posts!
AMD Update ! Possible End of Correction ! Long to 189 USD!AMD is still strongly bullish stock. It can reach to 189 or even above 200 targets at the end of usual wave structure !
Why I used the word " USUAL " ? because there are some alternative major and minor valid wave counts. What I propose here is the one I suppose to be the most probable !.
If true! the correction of labeled wave iv (circled) is finished yesterday or we are very close to the end of correction! See? Here there are again two possiblies ! However, there is no much difference between them ! just a minor difference ! Two correction possibilities are shown on the chart and I will explain them later in this publication.
In the next bull run AMD is going to complete the final leg up ( circled wave v) of the wave cycle which labeled as wave 3 around 189 USD . This target is obtained by confluence of 0.618 Projection of circled i-iii waves from base of circled wave iv and 1.618 extension of circled wave iv from top of circled wave iii and also top of parallel channel !
If market choose our predicted path , It will be at our target at the time of next Earning Report ! Top of channel Break out and make a path for eve higher targets and make us to provide a major update? or lower than expectations ER and starting a decline as predicted? Too soon to judge but we certainly follow!
Stochastic is in oversold zone and making a bullish cross which can support our idea well.
Labeled circled wave iv correction can be traced beautifully inside a minor down going channel. Price reacted to base of this channel well and strongly however, there is possibility to hit it one more time to complete the alternate correction scenario !
What are alternative correction scenarios ?
1. First is double zigzag . in this case our proposed correction is already finished and the bull run is started.
2. Second is regular flat correction . In this case one more tiny leg down is expected which can be just a shadow below yesterday low to complete the final wave c structure .
3. Third is triple three correction which is still possible but it is too soon to talk about.
As you see Elliott Practicing is art of dealing with possibilities not certainties ! I will publish an educational idea on the subject soon.
All in All , I am strongly bullish on AMD, any other possibility may deviate from our bullish scenario in short term but in mid term as I previously emphasized all scenarios suggest very high targets.
please do not hesitate to ask any questions if it is needed.
Good luck my friends and wish you considerable profits.
AMD: BULL FLAG ?AMD :
Nice descending/consolidation channel after a sharp rise.
It looks like a bull flag until proven otherwise.
Which means one could buy the test of the lower line around 128 for a potential bounce towards the upper line, and potential further continuation up (if Nasdaq does not collapse). So if I get the price I want, it'll be a swing trade for me.
Manage your risk with a stop loss cuz the the current environment is not risk on.
Trade safe!