AMDD trade ideas
AMD ONGOING DOUBLE BOTTOMHi, I just want to share my thought on AMD. It might going to blow the price up to 200 or more but when is a mystery ><
Last week 8-12 July Volume is quite significant
RSI showing a strong upward momentum
News regarding AMD buying its SILO AI
If there is something that i missed or wrong please do share with me so that we can learn together.
Thanks
AMD in a strong bullish trendAMD in a strong bullish trend
The price completed a bullish pattern and AMD is well positioned to start resume the bullish trend.
In all time frames, AMD is in a very strong uptrend and the bullish pattern we have currently confirmed the end of the bearish correction and AMD may test the top again.
The first target will be found near 186 and a very strong target near 213
However, AMD may rise even more than our projected targets.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
AMD - long?The stock seemss to be looking to leave a downtrend here.
Strong day, 4% up. Closing the day at the highest point.
I had an alert above 164 to open a long position.
just for fun .. some guys enter after broken the (line or channel or new high ...) I prefer after price back and test ..
$AMD on watch. 200C 7/19 #DiamondPrevious resistance line acted as nice support with a #Diamond bottom.
I like this as a lag play behind NVDA. Plus I think NVDA COULD be a sell the news event this week, at least tomorrow 6/10, I think the dip should be bought (when is the question, bubble territory but i will tell you from experience, they all said the 2020 TSLA split was gonna crash the stock, it did NOT, in the end haha...
Posted that resistance line breakout play weeks/months ago? Will link idea;
Not jumping in right away, patience pays. Stay tuned for updates...
- Prophecies R Us
The Rising Star in the Semiconductor SectorOverview
Advanced Micro Devices (AMD) is gaining significant attention and is poised to be the next major player in the semiconductor industry. With a strong forecast for growth, AMD's advancements in technology and strategic positioning make it a compelling investment.
Technical Analysis and Fibonacci Retracement
Recent technical analysis using Fibonacci retracement levels suggests a strong bullish trend for AMD. The stock has shown resilience and growth potential, bouncing back from key support levels and aiming for higher price targets.
Key Factors Driving AMD's Success
Innovative Products: AMD's advancements in GPU and CPU technologies, including their new MI300X series GPUs, are setting new standards in the industry. These products offer superior performance compared to competitors, particularly in AI and data center applications.
Market Positioning: AMD is positioning itself as a leader in the 3D chip field, competing directly with giants like Nvidia. Their commitment to innovation and strategic acquisitions has solidified their market position.
Strong Financials: Analysts predict robust financial growth for AMD. The average 12-month price forecast for AMD is around $195.59, with some analysts predicting highs up to $265, indicating significant upside potential from the current price (Stock Analysis) (InvestorPlace).
Analyst Confidence: The consensus among analysts is highly positive, with many maintaining strong buy ratings. UBS, for example, recently raised its price target for AMD to $220 per share, up from $135, reflecting confidence in AMD’s revenue growth from GPU sales (InvestorPlace).
Investment Potential
Given the technical indicators and strong market fundamentals, AMD appears to be an excellent investment opportunity. The stock's performance aligns well with the broader trends in the semiconductor sector, where demand for high-performance computing and AI capabilities continues to surge.
Conclusion
AMD is set to be a major force in the semiconductor industry, driven by innovative products, strategic positioning, and strong financials. Investors looking for growth in the tech sector should consider AMD as a top pick.
AMD - can take off any time but have patienceSemis have been extended a lot for a while, SMH shows it.
AMD is a lagger but it’s almost ready here.
If broader markers holds strong..
Go long if it breaks the downward trend line and holds 165.
Target #1 - 175
Target #2 - 195
Target #3 - 210, after some drama
Stop loss - 158
$AMD low effort = High profitability ?"Keep It Simple Stupid" is somewhat of a basic rule of mine for trading and life...
This walks n talks like a #Bullflag #ShortTerm
Sooo I Run with the Bulls, don't be scared...
Mentioned in this higher effort post what I'm looking at;
- Proph
AMD poised to go upAfter a -37.90% correction from the all-time high, price action confirms a death cross fakeout between the 55EMA and 200EMA on the 4H.
It now has a solid chance of breaking through the 163 USD resistance, which would make me bullish on every higher timeframe as well.
AMD a great stock to have in your portfolio to the end of yearLast time we looked at the Advanced Micro Devices (AMD), we made a short-term call (June 20, see chart below) at the bottom of the Bull Flag, with the price responding flawlessly, and is currently on its way for a Higher High on our $190.0 Target:
Before that, it was on May 15 (see chart below) where we called for a buy exactly at the bottom of the cyclical correction/ Bearish Leg of the 2-year Channel Up:
Just a quick reminder, it was back in March when we waved the strongest 1W sell signal on AMD and it surgically delivered (chart below):
In any event, back to today, the price has just broken above the 1D MA100 (green trend-line) and established the last two trading sessions there. With the 1D RSI approaching the 70.00 overboughr barrier, we are on the exact same level that AMD was during both previous Bullish Legs (circle).
This suggests that we are only at the very start of the new Bullish Leg and based on the Sine Waves, it should start peaking end of December - start of January 2025. We are moving our long-term Target higher to $320.00.
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As you see, we couldn't have gotten a more efficient long-term buy entry than that and the stock has basically confirmed the start of the new uptrend/ Bullish Leg
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Help lolBeginner here working on my charting. Right now it’s testing support in my opinion ranging waiting to make a move
Buy Advanced Micro DevicesShort Term Trading Advice by Naranj Capital
Buy Advanced Micro Devices
● Buy Range- 173 - 177
● Target- 190 - 194
● StopLoss- 165
● Potential Return- 8-10%
● Duration- 14-15 Trading Days
AMD Trying to Breakout AgainAMD has had several nice breakouts recently, but overall it still seems to be lagging behind other semis. This stock hasn't been the same since it rejected hard after making a new ATH earlier in the year. It really hasn't moved much, despite shorter term breakouts. It tends to end up around where it started.
Maybe this time is different, it has broken out of two shorter term downtrends and is looking to establish a new uptrend. I think it could struggle at a previous high around $175, but ultimately I think the supply zone shortly above will be where the reversal occurs. If it's able to break through supply and sustain, it should be in good shape to eventually test ATH again.
AMD breakout possible164 Above already breakout confirm
now 164 above Horizontal resistance breakout possible
174.80 long
175.60/176.50/180/184 can test soon
AMD LONG Price Target 180.00 USD (Buy & Hold < 6 Months)AMD is at present undervalued and should gain positive momentum. Price target is 180.00 USD which should be hit until end of 2024. Majority of analysts also confirms rather positive outlook.
$AMD Weekly chart says ready to resume bull marketWe still need a higher high to do a bigger buy but this stock looks poised to go to the moon and puts are not permitted to be traded for the foreseeable future, unless you just like pain or scalp like a boss. Peace be with you and cut dem losses!
AMD BULLISH ANALYSIS 6TH JULY2024AMD is looking very bullish. It can do $215 easily. Watch the analysis as I have discussed how to add AMD.
Let me know if you have any doubts.
AMD - OTM Put Credit SpreadThis is a neutral-bullish out of the money option PUT CREDIT spread trading strategy for AMD. To me, this feels just about right for AMD because I'm very slightly bullish and neutral on the stock right now. This credit spread allows for a full profit in 14 days time as long as the stock does not go down to $152.50.
In this video I go over how to set up a credit spread and how to calculate the profit/loss and the probabilities of it working out.
Advanced Micro Devices (AMD)Advanced Micro Devices witnessed a strong rise after forming a higher low at 153.35$, to close below the last major peak at 174.55$, which is the level that needs to be violated, to shift the trend to an uptrend on the short and medium term, which will push AMD to test higher levels near 183 - 187.69 - 194.40 - 203.55 on the short term.
The stop-loss lies below 25.75$.
the indicators are heading toward the positive side, which confirms the mentioned positive scenario.
The information and publications are not intended to be or constitute any financial, investment, commercial, or other types of advice or recommendations provided.
