AMD tripple bottom or hidden bearish?#AMD still good holding with tripple bottom at 102$ after rejected 105-106$ But we still need be careful with hidden bearish with lower high. IF #amd break down below 101.7$ will drop to 100$/98$ IF #amd can break out 106$ again, we will see AMD back test 110$by pninh09112
$AMD IS HOTI ll tell you right now, AMD is set to rally. 102 is the starting point to go for the 130. Price bounced at the .705, grabbed liquidity below this 102 and now is retesting it. As soon as the short term downtrend is broken, it will fly. Trade idea is cancelled below 94.45. Sytay tuned! NASDAQ:AMD Longby manugav559
AMD’s Pullback Could Be EndingAdvanced Micro Devices more than doubled in the first half of the year. Now, after a healthy pullback, the semiconductor stock may be ready to climb again. The first pattern on today’s chart is the falling trendline along the highs of June, August and September. AMD pushed through that line last week and has remained above it since. Next, the $105 area was a peak on September 29. Prices tested it on Friday but are now rebounding. Has old resistance become new support? Third, the current gains are occurring at the 50-day simple moving average (SMA). Further upside from here could turn the intermediate-term trend higher. Also notice how the bounce started at the 200-day SMA on September 25. That may suggest its longer-term uptrend remains in effect. Finally, MACD is rising and the 8-day exponential moving average (EMA) is above the 21-day EMA. Those signals could reflect more bullish price action in the shorter term. The next earnings date is estimated for October 31. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStation3313
Bullish on AMD. As you see here on the daily chart, we are bouncing off of a weekly trendline. We are also forming a bullish flag pattern on the weekly chart. So, I would look for a price break above the trend line on the daily chart with heavy volume and look to hold for a few days. This is a beautiful play. Longby OptionsMastery335
🔥AMD Bullish Trend Analysis🙌AMD broke out of descending triangle pattern on weekly time frame (bullish). I suspect price will rise short/mid-term towards the labeled targets. Happy Trading 🌕Longby stonedcryptography5
🔥 AMD BULLISH STRUCTURE 🔥AMD had been in a descending triangle (as shown in chart), and has a weekly close outside of the triangle (bullish). I suspect the assets will grow from here towards the highlighted fib levels in the short/mid-term. I will do my best to keep you updated. Happy Trading Everyone!Longby stonedcryptography222
AMD Harmonic Elliott Wave and Hurst's Cyclic AnalysisOverview: my last update on AMD was published a long time ago, July 29th. In summary, I expected bullishness at that time. Update: Analysis of the Structure: I am now labeling the bullish move of October 2022 to Jun 2023 as a wave (a) of I and since then, we are in wave (b) of I, correcting that whole bullish move. Wave (b) is developing as a triple zigzag and currently, we are starting wave y of (b). The structure of whole wave (b) has been really messy to count including very complex flat correction. Analysis of the Cycles: The low of September 25th was the first 40D cycle trough in the second 80D cycle of the first 20W cycle of the current 40W cycle. We are expecting a 20W cycle trough in the first week of November. This means we should get a huge amount of bearishness going into this trough, also a strong bounce out of it. The 18M cycle trough is also expected in March 2024, which would be the wave (b) bottom.by bamdadsalarieh7712
AMD Plan14Oct 2023 Support at 102 for AMD Currently at the top of FVG Worst case scenario is amd 83-85 dollars Bounced at 0.65 retracement currently at 0.5 retracement. Sold a 100 put 3 weeks out 3rd Nov 23 Made a mistake. went in too early, need more patience. Support is at 102Longby Kraspy113
AMD 3-2 up on the week, potential PMG Outside week (once a 3 always a 3), follow through with a 2 up on the weekly. Pivot Machine Gun (PMG) potential up North. As long as it's green on the week, month and quarter Long it is. Beware: green, but still inside (1) on the month and quarter. Shooting for 120-130 area towards the end of the year, let's see how it plays out. Longby RobinsOptionsUpdated 113
AMD BULLISH OCT 13,2023AMD is doing something extra ordinary & I am confident that it should go to to $140 soon. Watch the analysis carefully &trade as per your risk tolerance.Long08:01by THECHAARTIST18189
AMD UPSIDE EXPECTED 13 OCT,2023AMD has completed its price & time correction. Entry around 103 and SL 99 will give us huge targets.Longby THECHAARTIST7710
AmD What You Want To PlaY !Hi mates, sharing 4H chart of AMD for my trading idea. As we can see that 99.80 levels acting as a key levels for price and prior it gives bounce from there, and later this was resistance for it. Although current sentiments of market is not supported for long side trades but still i want to take a chance for long side trade if it will break resistance and closed above, targets and resistance marked on chart. Shared an sell idea too on chart and if break support and close below can march towards below metion support based target too. This is not and trade or investment advice. This idea is meant for learning only. Best Regards happy trading- Amit Longby AMIT-RAJANUpdated 202033
Unveiling the Potential of AMD in the Bull Market: Target Price Good day, dear readers, Today, I want to talk about AMD, which is like NVIDIA's second industry leader after acquiring AI company. I recently got into AMD at $108, and I set a safety net at $104, with my sights on the $111 line. If it breaks through, there's a chance for some big wins! But here's the thing: as we get closer to the earnings report, it can get a bit tricky. So, my advice is to sell half of your shares and be a bit patient. Let's see what happens next Longby JoeyL1440
AMD retest100 key lvl, wedge breakout @ 200 ema on daily. stops below 100 on daily is good imo, retest of trend line looks good for entry. bullish candelstick off pattern is ideal by samcunning2
Advanced Micro Devices Stocks: Trading Idea for 11/10/2023Chip manufacturer Advanced Micro Devices (AMD) has announced plans to acquire artificial intelligence startup NOD in an attempt to catch up with its rival, Nvidia (NVDA). The latter is a leader in the production of AI chips. Today, we are focusing on the Advanced Micro Devices (NASDAQ: AMD) stock chart. On the D1 timeframe, support has formed at 104.89, with resistance at 107.89, which was swiftly broken through on Tuesday 10 October. Additionally, the chart broke out of the descending wedge, surpassing the descending trend line, which may indicate the beginning of an uptrend. On the H1 timeframe, the short-term target for the price increase is around 121.80, while in the medium term, it could potentially reach 150.33. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67.85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.by RoboMarkets117
AMD: Waiting for a little throwback to grab shares at 105After a little while, AMD confirmed technicaly a LONG. For those who have not grabed shares yet, this might not be the best time as we probably should have a throwback to the set of EMAS recently left behind. We bet on that!by JM_Charts1
AMD Bullish BreakoutAMD has given a strong breakout The company is fundamentally strong and has been in bear trend but given the recent breakout is a strong indication of a bullish move upwards Entry @ 107/108 SL @ 103 TP1 @ 119 TP 2 @ 130 Longby vortexTradingSolutions4
AMD - Cup & Handle on weekly chartAs I see it, AMD has formed a pretty Cup&Handle which was almost 2 years in the making. It would be nice if it could function as a springboard to push the SP to levels never seen before...Longby Blak7Updated 7
ADVANCED MICRO DEVICES Huge bullish break out in the runs.Advanced Micro Devices / AMD is above the 1day MA50 testing Falling Resistance 2, which is the final Resistance level before a complete technical bullish break out. This move was generated after a textbook test and rebound on the 1day MA200, inside the Higher Lows Zone of the long term uptrend. With the 1day MACD on a Bullish Cross, if the Falling Resistance 2 level breaks, buy and target 128.00 (+35.40% rise, the minimum so far on a 12 month range). Follow us, like the idea and leave a comment below!!Longby TheCryptagon7724
Lo in AMD $96-97 (daytrade short) & BUY it for $113 targetAMD hit my long awaited target of $101 on Friday and I am getting it lower for today to around $96.50. The big idea here though (per my dowsing) is to buy it, as it will be a spike down and reverse up. These scenarios can take more than one day to play out, however, I think it's for today as this is a date I've repeatedly gotten for indexes to have some kind of reversal action. I also get the spike down and reverse up scenario in the SPX reading, so it's no doubt to me going to go up soon. The time of day indicated for such reversal is around 1:00 eastern. Sometimes these times are bogus, but this time window comes up for both AMD and SPX. I also was given the date of October 6th for AMD, so maybe those are the best options and it takes that long. Good luck! by JenRzUpdated 221
AMD DOUBLE RESISTANCE! PERFECT?AMD had a nice pump this week and not it's in a little bit of trouble. There is a confluence stopping it's bullish price action. Two major resistance levels merge and AMD looks like it will need to retrace back to the support below before another attempt at moving higher. If price stays where is it by Monday open, I will enter a short position with my stop above the current local high. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.by NavitilityUpdated 220
AMD Advance Above Breakout LineAdvanced Micro Devices (AMD) U.S. chip maker, AMD’s recent price action indicates that its long-term uptrend may be kicking back in. Having hit highs of $130 in June, the shares have undergone a prolonged period of consolidation which has seen the shares pull back to a confluent area of support. The shares have completed a 38.2% Fibonacci retracement from the key October lows, and a 61.8% Fibonacci retracement from the May lows. This Fibonacci cluster coincided with a key level of horizontal support created by the March swing highs. Last month, the shares briefly broke below horizontal support, but rallied from the 200-Day Moving Average. The rally was strong enough to reclaim support and break above the descending retracement line. With short-term momentum now realigned with the bigger picture trend, probabilities should favour upside continuation. AMD Daily Candle Chart YTD Risk management Those looking to take this trade could place stops back below the cluster of horizontal support levels. For targets, traders should use the swing resistance levels created during AMD’s prolonged period of consolidation – ultimate targets would be a retest of trend highs. Please note AMD are set to release Q3 2023 Earnings on Monday, October 30th. It is also worth noting that AMD’s share price will be sensitive to global macro-economic data and events. Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. by Capitalcom8
$AMD Due for a Correction This WeekAMD has been showing a lot of bullishness since September 26. However, AMD has reached the upper range of the white channel and is due for a correction this week. I have the yellow trend line as a key support level and my first price target. I think there will be a solid bounce off this yellow support line in the short term.Shortby realchartchamp112