After reporting earnings earlier last week, shares of NVIDIA have been struggling to march higher, and if you wonder how this is possible despite astounding results, here is some food for thought. The tech giant has experienced an unprecedented rally of more than 360% since October 2022, and it is no secret that the revolution in the AI sector has highly...
The chipmaker said it would be taking public its Mobileye self-driving-car unit. The initial public offering of Mobileye in the U.S. is planned for the middle of next year. The move could value Mobileye at more than $50 billion, Intel being the biggest shareholder. My short term price target is the 59usd resistance. Looking forward to read your opinion about it.
Video breakdown on $AMD going into tomorrow! Nice bounce!
Clear cut up trend dating back to November 24th, running into the yellow downward resistance trend. First confirmation would be trading above the yellow resistance trend, and bouncing up from the current support trend once again. Ill be watching above the 545.88 retest for a squeeze into resistance at 551.05 If we break up from there i would look for support on...
This is how im watching AMD as we retest 94.10 Weve found support on the 3rd trend line up there with support touched at 90.76 If we break to the downside of that trend id look for a bounce on the trend below it above about 87.57 Strong support along that bottom trendline, especially into areas where we find past resistance. Areas to watch on the downside...
Taking a look at today, and the days ahead for AMD.
This stock has taken a beating since its event and purchase of $XNLX and it retested that support, bounced and broke resistance. My price targets I tried to mark out in this video, and alot of these are smaller so if you are scalping then pay attention to those big ones, and fill in on the smaller time frames. $AMD is a no brainer. Great CEO, profits, expansion,...
After consolidating for 2 months, this semiconductor powerhouse finally broke out to new all-time-highs from its rectangle yesterday. With most tech stocks still recovering from the correction of the last 2 weeks, such a move signals strong underlying momentum. TSMC counts the world’s biggest tech companies as its customers - Apple, Intel, AMD, Nvidia, Qualcomm,...
The positive upbeat news coming for chip makers and $XLNX is one of the one worth to watch for a new uptrend. $113.36 is a buy point but if you want to take a risk you may get it above $103.74 12 months Consensus Price Target: $99.24 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own...
NASDAQ:AMD Looking to buy the 53.50 pivot against 51.50 and scale in my second half once it moves. All of the moving averages are trending up in ascending order. Great fundamentals with it being 1st in its group. The downward move off the earnings candle was most likely due to them cutting their forecast even though earnings was good; however, it found some...
It is just below the both fib 0.618 and buy point resistances. If it breaks above #20, the target will be $24-$26. Watch for RSI as well.
AMD is a well known chip maker but the earnings expectations are way to high in the tech sector at the moment and like Nvidia got hit by the market, AMD will also get its slap. We build a nice head and shoulder and the drop might get caught between around 10$-13$. There we will have a strong technical support and we will see what happens. Butttt AMD got really...