AMD will be bullishA great status with monthly FRACTAL confirmation ...
My first target is $280 and the rest will be History ...
AMD
AMD introduces new MI325X AI chip, enhancing AI infrastructureAdvanced Micro Devices Inc. (AMD) has announced significant advancements in its processor architectures, including unveiling the new CPU, NPU, and GPU processors designed to power AI infrastructure from data centres to PCs. The highlight of the announcement was the introduction of the AMD Instinct MI325X accelerator, which boasts advanced memory capacity and is slated for release in Q4 2024.
In the future, AMD's roadmap includes the AMD Instinct MI350 series, which will incorporate the next-generation AMD CDNA™ 4 architecture expected in 2025. This new series promises up to 35 times better AI inference performance than the current AMD Instinct MI300 series with AMD CDNA 3 architecture. Additionally, AMD plans to continue its innovation streak with the CDNA 'Next' architecture for the MI400 series accelerators, for release in 2026.
In terms of investment opportunities, let's analyse the technical aspects of Advanced Micro Devices Inc. (NASDAQ: AMD):
On the Daily (D1) timeframe, AMD's stock has formed a resistance level at 174.55 USD and support at 157.90 USD. Although an uptrend is beginning, the stock is testing the support line. The next target could be 140.50 USD if the stock enters a downtrend.
However, if the uptrend resumes and breaks through the resistance at 174.55 USD, the short-term target is 203.30 USD. If the upward momentum continues, the price might rise to 227.70 USD for a medium-term investment strategy.
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AMD hits all lower targets and pull back, so now what?We hit all lower targets on the pullback, so I bought AMD for the 1st time in a long time after we started to rebound again. I am hopeful of higher prices and we have a nice bull flag here as well. Not financial advice, DYOR.
Elliott Wave Analysis on AMD Suggest a Double CorrectionShort Term Elliott Wave in AMD suggests the rally from 5.01.2024 low is in progress as an impulse. Up from 5.01.2024 low, wave (1) ended at 174.56 as the 30 minutes chart below showing. Wave (2) pullback is currently in progress. The internal subdivision of wave (2) takes the form of a double three Elliott Wave structure. Down from wave (2), wave ((a)) ended at 168.75 low and wave ((b)) bounce ended at 171.51. The stock extended lower in wave ((c)) towards 162.91 which completed wave W.
The market rallied starting wave X also taking the form of a double three Elliott Wave structure. Up from wave W, wave ((w)) ended at 168.75 and pullback in wave ((x)) ended at 164.00. Wave ((y)) higher is in progress. We are looking a bounce in 3 swings to 169.88 – 173.51 area to end wave ((y)) and also wave X connector. Near term, as far as pivot at 174.56 high stays intact, expect the stock to extend lower.
Looking Bullish soon for AMD! 🔉Sound on!🔉
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AMD Set for Major Processor Launch As it Grabs 33% of CPU MarketAdvance Micro Devices ( NASDAQ:AMD ), a leading player in the server CPU market, claims a 33% share. The company is preparing to launch its next-gen "Turin" processors and unveils a GPU roadmap following the MI300 product line. NASDAQ:AMD 's CFO, Jean Hu, highlighted the company's growth in servers, CPUs, and GPUs, highlighting partnerships with Microsoft and strong double-digit growth in server CPUs and desktop/laptop segments.
AMD's strategic focus on power efficiency and cost-effectiveness makes it a compelling choice for enterprises facing power and space constraints. Notable clients like American Express, Shell, and STMicroelectronics are transitioning to AMD-based infrastructure. NASDAQ:AMD plans to launch a next-generation AI PC in the second half of the year, potentially refreshing the PC market. The company also sees long-term growth potential in the embedded processor market through synergies with Xilinx.
NASDAQ:AMD 's performance in the desktop and laptop markets is also highlighted. Analysts expect NASDAQ:AMD and peers to drive semiconductor industry optimism after their earnings beat, but caution against AMD's MI300 supply constraints, gaming segment weakness, and aggressive pricing from Nvidia Corp.
Technical Outlook
Advance Micro Devices ( NASDAQ:AMD ) stock is up 3.43% on Tuesday's Market day trading. The stock daily price chart depicts a trend reversal from a falling wedge or bullish flag pattern.
Advance Micro Devices ( NASDAQ:AMD ) stock has a Relative Strength Index (RSI) of 61.94 which makes it poise for further growth in the long term.
Semiconductor Bull Run: Is it OVER?AMD is experiencing a breakout from the falling wedge pattern, which is a bullish signal. Currently, the stock is above its immediate support zone and ended the last trading session with a bullish harami candle.
Although sell pressure seems unlikely given the current levels, keep an eye on the medium-term support zone to reassess your trading strategy if needed.
These levels are suitable for options trading and could result in excellent swing trades based on liquidity analysis.
The price target is between $185 and $190, with the potential to reach $200 if the bullish momentum continues.
Let's monitor how this develops.
AMD caching the knife for desperate
down turn is drying out
price has reached the fair value
this week all the optimists from last week were scared
sentiment is good
today or monday I want to see a Wyckoff reversal
I suggest to build up position in range 144,5$ - 140$
SL as on chart
Exit probably 180$ somewhere, where the bitch scared me out of my down position
Earnings Strength before Slight PullbackHello everyone, happy Monday. Here I am presenting my idea of a strong bullish continuation by NASDAQ:AMD going into tomorrow's earnings. Despite the already strong momentum upwards, I believe we see further buying action after tomorrow's earnings into the lower $200s along with strong buying action across broader tech in $PYTH:QQQ. I believe both these securities will top out short-term in the upcoming 4-6 weeks before a brief pullback to the $149 price point before a further continuation upwards.
Position: Shares (added between 2018-2020); holding long-term.
Please let me know your thoughts and feedback and happy trading!
AMD triangle forming do we break up or down?NASDAQ:AMD Could go either way as we head into NASDAQ:NVDA earnings later this week.
🍌🍌 SUPERMICRO — AI INFRASTRUCTURE STOCKS GO BANANA Supermicro is an American company, a major manufacturer of motherboards, cases, power supplies, cooling systems, SAS controllers, Ethernet and InfiniBand. The company specializes in the production of x86-server platforms and various components for servers, workstations and data storage systems. The headquarters is located in San Jose, USA. Founded in 1993.
Supermicro, Inc., a provider of end-to-end IT solutions for cloud computing, artificial intelligence/machine learning, storage, and 5G/Edge communications, continues to expand its data center portfolio with NVIDIA end-to-end rack cabinet solutions HGX H100 equipped with liquid cooling systems.
Supermicro's advanced liquid cooling technologies help reduce time-to-commissioning, improve performance levels, and reduce data center operating costs while dramatically reducing energy efficiency.
It is estimated that when using Supermicro liquid cooling systems (compared to air-cooled data centers), data centers save up to 40% in terms of power costs. In addition, direct cooling costs can be reduced by up to 86% compared to existing data centers.
"Supermicro continues to lead the industry by meeting the ever-growing needs for AI systems and modern data centers around the world," said Charles Liang, President and CEO of Supermicro.
AI-optimized racks powered by Supermicro's latest product lines, including server product lines from AMD, can be quickly created from standard engineering templates and easily customized to meet unique user requirements.
The ultra-modern GPU liquid cooling server includes dual processors from NASDAQ:INTC or NASDAQ:AMD and four or eight interconnected NVIDIA ( NASDAQ:NVDA ) HGX H100 Tensor Core GPUs.
The use of liquid cooling systems can reduce the energy consumption of data centers by up to 40%, which in turn leads to lower operating costs.
In addition, both systems significantly outperform previous generation NVIDIA HGX GPU-powered solutions, delivering up to 30x performance gains and improved efficiency of today's Transformers with faster connections between GPUs and networks and storage built with PCIe 5.0 standard.
The technical picture illustrates the possibility of continued explosive growth in Supermicro shares, which are up more than 160 percent since the beginning of the year.
AMD GOING UP TO 169 ? NASDAQ:AMD 169 TP THIS WEEK ?
6 REASONS WHY
Strong Financial Performance: AMD's financial performance has been a significant contributor to its stock price surge.
The company's earnings per share (EPS) and forward dividend & yield figures have shown considerable improvement, reflecting a robust financial health that has instilled confidence in investors.
Superior Product Offerings: AMD's product portfolio is another reason for its success. The company offers a diverse range of microprocessors, graphics processing units (GPUs), and other semiconductor products that cater to a wide range of industries.
This versatility has allowed AMD to tap into multiple markets, driving its revenue and stock price upwards.
Market Share Gains: AMD has been steadily gaining market share from its competitors, particularly in the high-growth sectors of data centers and AI chips. The company's innovative products and competitive pricing have enabled it to outperform its rivals, leading to an increase in its market share.
Positive Market Sentiment: The overall positive market sentiment towards the semiconductor industry has also played a role in AMD's rally. As the demand for semiconductor products continues to grow, driven by emerging technologies like AI, IoT, and 5G, companies like AMD are well-positioned to benefit from this trend.
Strategic Partnerships and Collaborations: AMD's strategic partnerships and collaborations with other leading technology companies have also contributed to its success. These partnerships have allowed AMD to leverage its partners' resources and expertise to develop innovative products and expand its market reach.
Effective Management: Finally, AMD's management team has been instrumental in driving the company's success. Under their leadership, AMD has successfully navigated the challenges of the semiconductor industry, positioning the company for long-term growth.
Microsoft to Use Cloud Customers AMD's AI Chips in Place of NVDAMicrosoft plans to offer cloud computing customers AMD's AI chips as an alternative to Nvidia's H100 family of powerful graphics processing units (GPUs). Details will be provided at Microsoft's Build developer conference next week. Microsoft's clusters of Advanced Micro Devices' ( NASDAQ:AMD ) flagship MI300X AI chips will be sold through its Azure cloud computing service.
These chips are powerful enough to train and run large AI models, and NASDAQ:AMD expects $4 billion in AI chip revenue this year. Microsoft's cloud computing unit also sells access to its own in-house AI chips called Maia. The Cobalt 100 processors, which Microsoft plans to preview next week, offer 40% better performance than other processors based on Arm Holdings' technology.
Snowflake and others have begun using them. The Cobalt chips are being tested to power Teams, Microsoft's messaging tool for businesses, and are positioned to compete with Amazon.com's in-house Graviton CPUs.
Technical Outlook
Advance Micro Devices (AMD) stock is up 2.1% on Friday's early market trading with the daily chart depicting a resurgence in price due to the bullish flag pattern formed. Further accentuating the bullish trend is the "Three White soldier" pattern which is a bullish reversal pattern that occurs after a falling wedge or downtrend, it signifies bullish takeover.
AMD - a 1HR TF short The last hour ended with doji while on hourly TF the price formed a butterfly. would consider as a short-term trade to short from 168 with a target 160-161, stop at 171.
(this is a replacement of an earlier idea, as the stock didn't reach 143-145 target and bounced
AMD Continuation Wedge Bull FlagAmd continuation wedge momentum and bull flag can see NASDAQ:AMD Hit the 162/165 level in the short term this week and 180/190 level in the next few weeks. Add in NASDAQ:NVDA earnings and we could see a good pop . These are just technicals anything can invalidate them like fed actions or fed speak, tariffs, literally anything can invalidate them.
AMD long, breakout above resistanceAMD breaks above resistance from down trend resistance at support levels from Dec and January. Looks good for a short, long trade. Thoughts?
AMD correction is over. Buy for the long-term.Back on March 13 (see chart below) we gave a bold (for the majority of the market) sell signal on Advanced Micro Devices (AMD), as we saw the stock topping at the top (Higher Highs trend-line) of its 2-year Channel Up:
Our signal was delivered and the price corrected significantly by -37% and has almost reached the 1W MA50 (blue trend-line), which was the level that held and made the last bottom and Higher Low for the Channel Up on the week of October 23 2023.
As the 1W RSI also reached the symmetrical Support level of the October 2023 bottom (45.50), we believe that the market has already started the bottom process and any week now will start the new Bullish Leg of the Channel Up.
Technically the previous 2 rose by +144% but we will settle our own long-term Target a little lower at $300.00, so that it makes a standard Higher High on the Channel Up.
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Tessy for the Win ($TSLA)Need above 176 to confirm move up. Looks to potentially be in a 5 wave move up.
If we reject 176 to 180 expect lower to come
if not this is upside just about
Looks to be in five wave like apple
Sub waves so within next few weeks to week
If not though probably lower than last low coming for sure. We need to break trend
Update as we go
www.tradingview.com
Apple for Apples ($AAPL)Stalled at the 138.2 on the wave 3 of five. Aim for potential double top at 199 next after retrace www.tradingview.com
AMD is still in a downward regressionSince peaking in March'24 Advanced Micro Devices - AMD has been either in a steep correction
or moreover:
it broke its super uptrend and is now in a downtrend
the latter thesis is based on the fact that if it's just an Elliott wave 4 correction - it's way too long: assuming uptrend wave 1 was 80 and wave 3 was 134, it has now retraced to a local low of 141, which is too much, surely more than fibo 0.5 of wave 1, wave 3, hence - downtrend, not just a correction
anyway, it is trading in a downward regression channel and every time it attempts to rise, it falls notably with an engulfing red candle, or three red candles, or gaps down like on a post Q1 earnings day.
I think there is a demand zone highlighted in green. After earnings it gapped down, I traded long 145 -> sold 154 and now would consider to wait when it falls again to the bottom of the regression channel, or to the green demand zone to open a new long
More broadly on a monthly chart it suggest the mega correction to end in the area of fibo .5 i.e. at 140, or fibo .62 at 125...
long term is bullish! GLTA
AMD REMAINS BELOW THE KEY LEVEL, SIGNS FOR ANOTHER DIPAMD is still below the key level following the bearish breakout detected on the channel. We anticipate a continuation of the bearish trend, possibly retesting the key level at the bottom.
AMD - Is the potential still there?After Q-reports, Will AMD close the Gap & Continuate to 150 moving average?
Is the positive potential still there?
Only an idea and not a recommendation for trading!
🔍💼 AMD Stock Analysis 💡📈Sentiment Overview:
Cautiously optimistic sentiment surrounds NASDAQ:AMD , despite near-term challenges such as supply constraints impacting data center results. Analysts' price targets vary, indicating potential upside ranging from modest gains to substantial increases.
Critical Point:
The stock is at a critical juncture, with technical indicators suggesting a possible bullish reversal if it rebounds from current support levels. However, a move to new lows could signal further downside.
Price Targets:
Market response will determine if AMD can reach targets like $160 or even $180, indicating a potential complete reversal in sentiment.
Fundamental Strengths:
Despite near-term uncertainty, AMD's underlying fundamentals, including AI ramp and potential for improved data center results, warrant a moderate buy sentiment among analysts.
📊🚀 Investor Action: Monitor market dynamics and technical indicators closely for insights into AMD's future trajectory. #AMDStock #MarketAnalysis 📉💼
