long position on AMDMy strategy is based on price action with the reading of certain indicators that I like while respecting all the values that define the stock maket
AMD trade ideas
AMD WedgeNASDAQ:AMD creating a wedge on the one hour time frame. This indicates that NASDAQ:AMD is going to have a small pull back. When it hits the bottom of the wedge, then that may be another great entry point to enter. From the bottom of the wedge, if it doesn't break out downwards, then it may be the last element needed to push up to the 2 price targets.
$AMD - Trend Value Trigger1. Bias: Long
Trading in the same direction of the trend stacks the odds in our favor. Therefore identifying the trend is the initial step of this approach.
This market has been displaying a series of new higher highs and new higher lows since the end of January 2023. All relevant EMAs are pointing upwards and closing in this order 10 above 30, which is above the 50.
This market is in an uptrend. Our bias is to look for long trades in value areas.
2. Value Area: $97-$110
Simply an area where the odds favor the bullish support of trade in our direction, more than they support a reversal. Therefore a area where we can logically trade from and with reference to which we can set our stop loss.
In this market, that relevant area is the previous resistance area in the $97-$110 threshold.
This is where we ought to look for a bullish trigger.
3. Trigger: Bullish Marubozu Candle
A single candlestick bullish pattern has just erupted in this area. Giving us the trigger for a bullish trend (provided it closes as such by the end of the relevant timeframe).
4. Stop loss: Below the previous resistance and current support.
Why? As mentioned above, if the price trades within these levels, then we know the bulls are not supporting this market, so we automatically know that the reason why we entered this trade are no longer there.
5. Take profit: $150-$160
The upcoming obstacle in this market. The last zone recorded in this market where the bears appeared en masse. Remember that the price has got memory. There is no guarantee that this resistance level will hold the buyers. In bull markets it tends not to. But in any case, at this threshold, the odds of bullish success diminish to the extent that you might want to keep your profits instead.
Above all, manage risk and trade responsibly. Remember that no one holds a crystal ball. And that's why risk management is key.
Cheers,
Tenacious Tribe - Back Tested, Quantified Trading Strategies & Studies
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$AMD , Analysing Trends, Patterns, and IndicatorsGreetings, fellow traders! I am thrilled to present my analysis and insights on TradingView, where I will be sharing trend analysis, chart patterns, and technical indicators to help you navigate the exciting world of the stock market. It's important to note that I maintain a neutral stance and base my decisions solely on identifying promising opportunities.
As an observer of market trends, my goal is to provide you with comprehensive and visually appealing charts that showcase the potential opportunities I see. Please remember that I am not a financial advisor, and any investment decisions you make should be thoroughly researched and evaluated based on your own risk tolerance and financial goals.
In each analysis, I will walk you through the patterns and indicators I have identified, highlighting key support and resistance levels, trendlines, and other critical technical aspects. My approach is to objectively present the information and allow you to interpret it as you see fit. Whether you choose to go long or short in the stock market is entirely up to you.
My main focus is to share the knowledge and insights I have gained from studying charts and technical analysis. By doing so, I hope to contribute to your trading journey and help you become a more informed and confident trader. It is important to continuously learn and adapt to the ever-changing dynamics of the market.
I invite you to join me on this exciting journey as we explore the fascinating world of trading together. Feel free to provide feedback, ask questions, and share your own perspectives in the comments section. Your engagement and participation are greatly appreciated.
Remember, trading carries risks, and it is essential to conduct thorough due diligence before making any investment decisions. I am here to provide information, but the responsibility lies with each individual trader to make their own choices.
Thank you for taking the time to explore my charts. I hope you find value in the insights I share, and may they contribute to your trading success. Happy trading!
Disclaimer: I am not a financial advisor. The analysis and opinions expressed here are solely based on my observations and should not be considered as financial advice. Please consult with a licensed professional before making any investment decisions.
Buy the sell offGreat opportunity for AMD. Chart tells you everything. I just opened a long position, Nasdaq still looking strong.
AMD SHORTHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that
AMD is actually approaching a quite nice previous weekly support/resistance area
$AMD - marching on Looking to hit 109 soon , stock on bullish trend line.. good volume ..
trade with in your limits
do not invest more than 10% of your portfolion in any single stock
Happy Trading..
AMD bull pullback & continuation DAILYHealthy pullback on AMD, bullish above 101.85. PT's are in blue; keep in mind this is on the Daily timeframe
When AMD comeback to 140-160 or over ?Just my thought who bought AMD in 2019 with the price of about 25-30$, I mixed btw tech trade and value trade to support my idea so I'd like to bring you guys to another more significant picture discussion that when we reach 140 - 160 again.
By the current context, we are apparent in the downtrend with short to reduce 14-20% by historical action, nobody knows exactly how much but I consider around 96-88$ / share but I much more support for 96$ / share option. Why? Because the MACD potentially supports back to 48 indexes, they already run a 20% run rate. AI Day could be a resource to help us come back after down the price to 96-88 and after that, the good news about business revenue in Q3-Q4, the market recovered slowly but will help us back to 140 - 160 or even 170. Then I guess some funding will take out their profit and the price could return to 120 to save power and upgrade to over 200 in 2025/2026.
At that moment, some risks have to consider in the game of chip war btw Intel & TSMC, the government investment may interesting to review and regard for the new investment circle.
Feel free to share your thought and in waiting time AMD comeback dude :D
AMD -> Uptrend Will ContinueHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that AMD is actually approaching a quite nice previous weekly support/resistance area which is now turned resistance again.
You can also see that weekly market structure is beautifully bullish, AMD is always creating new higher highs and higher lows, so I am now just waiting for a short term rejection away from the resistance before I then do expect more upside potential.
On the daily timeframe you can see that AMD is showing some rejection at the $110 level which was also previous daily resistance, so I am now just waiting for a retest of the $98 level before I then do expect a new fresh rally towards the upside from there.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
heyywe have a gap in there and we are in demand zone-ob. you can target that imbalance area.good luck
Analysing Trends, Patterns, and IndicatorsGreetings, fellow traders! I am thrilled to present my analysis and insights on TradingView, where I will be sharing trend analysis, chart patterns, and technical indicators to help you navigate the exciting world of the stock market. It's important to note that I maintain a neutral stance and base my decisions solely on identifying promising opportunities.
As an observer of market trends, my goal is to provide you with comprehensive and visually appealing charts that showcase the potential opportunities I see. Please remember that I am not a financial advisor, and any investment decisions you make should be thoroughly researched and evaluated based on your own risk tolerance and financial goals.
In each analysis, I will walk you through the patterns and indicators I have identified, highlighting key support and resistance levels, trendlines, and other critical technical aspects. My approach is to objectively present the information and allow you to interpret it as you see fit. Whether you choose to go long or short in the stock market is entirely up to you.
My main focus is to share the knowledge and insights I have gained from studying charts and technical analysis. By doing so, I hope to contribute to your trading journey and help you become a more informed and confident trader. It is important to continuously learn and adapt to the ever-changing dynamics of the market.
I invite you to join me on this exciting journey as we explore the fascinating world of trading together. Feel free to provide feedback, ask questions, and share your own perspectives in the comments section. Your engagement and participation are greatly appreciated.
Remember, trading carries risks, and it is essential to conduct thorough due diligence before making any investment decisions. I am here to provide information, but the responsibility lies with each individual trader to make their own choices.
Thank you for taking the time to explore my charts. I hope you find value in the insights I share, and may they contribute to your trading success. Happy trading!
Disclaimer: I am not a financial advisor. The analysis and opinions expressed here are solely based on my observations and should not be considered as financial advice. Please consult with a licensed professional before making any investment decisions.
AMD . LONG , TP = 109.29 According to calculations, the trend started on the daily timeframe on October 14. On February 2, there was a test of 88.93 level.
In the near future this level will be tested again.
Take profit is set at the level of 109.29 , with a very high probability we will get profit.
I think it is possible to enter the trade, but I don't exclude that there will be an opportunity to buy more at the level of 75 .
Do not forget about SL = 54.40
Good luck!
AMD Share Price Breaks August 2022 HighIt happened last week. Since the beginning of 2023, AMD's share price has risen by 66%. According to technical analysts at Bank of America, AMD's share price has a bullish outlook; interestingly, just 2 weeks ago, the bank downgraded the stock.
According to analysts polled by the WSJ, AMD's average target price for a share is USD 102.68, which is below current levels.
How can the price of Advanced Micro Devices stock change?
From the point of view of technical analysis of AMD shares, the following barriers to continued growth can occur:
→ the level of 109.42, which is 50% of the decline in A→B;
→ the psychological level of USD 110;
→ the upper line of the ascending channel (shown in blue).
It is also worth noting the unfavorable fundamental background, where the news about raising the US national debt ceiling comes to the fore. ECB President Christine Lagarde on Sunday appealed to US politicians to resolve the conflict. And Treasury Secretary Janet Yellen told NBC that the US is unlikely to survive until mid-June still able to pay its bills.
Therefore, if the AMD stock chart pulls back — for instance, to the lower border of the blue ascending channel — this should not come as a surprise.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
AMD AnalysisPrice gives us no retracement for a entry last week. No change in my expectations, I'm expecting price to continue higher following the bullish order flow. I will be waiting for a retracement at least into the bullish POI at 99.94 before entering.
$AMD Strong uptrend breaking outNASDAQ:AMD Strong uptrend breaking out of horizontal line. First target horizontal line.
AMD Weekly Harmonic Elliott Wave AnalysisOverview: let's review the key points of the update of last weekend:
AMD followed our idea of needing a final leg higher
Wave (a) of V has been completed
We are inside wave (b) of V.
What follows is wave (c) of V of A.
Potential targets for the completion of wave A are 104.93, and 109.05.
Update: I see AMD very close to the completion of wave A of (5). In fact, we are inside wave IV of (c) of V of A, which should continue a bit lower, then the final push follows as wave V of (c).
My targets: 109.05 and 110.58.
MyMI Stock Plays - AMD Option PlayAMD was the Top S&P 500 Gainer today reaching a critical price level of $102.43 and the 50% Retracement Level from it's most recent drop from $164.46.
Really interested in seeing how the price reacts to these levels going through next few weeks, even if it breaks the 102's. Could see some consolidation back to the Green Support that it's currently trending along back to those levels.
But looking into Option Plays longer term back to the $164s if it does and holds.
AMD: Beating Market Expectation, Bullish Bias Ahead?Hello Fellow Global Stock Trader, Here's a Technical outlook for AMD Stock!
Price Action Analysis
After Rebounding on the Fibonacci Golden Ratio Area, AMD has broken out of the bearish channeling pattern. The breakout could confirm a possible bullish trend ahead. The MACD Indicator made a golden cross, signifying a possible upside movement to the target area.
Fundamental Drives
- AMD Q4 Earning 2022 was beating the analyst expectations:
Revenue: $5.6 Billion versus $5.5 Billion Expected
Adjusted EPS: $0.69 versus $0.67 Expected
-Lisa Su plans to release AI chips
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/support area.
Support the channel by smashing the rocket button and sharing your opinions in the comment below!
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the AMD"
Congrats to AMD bulls, make or break time now! 🔭🚀in my last update on May 4th I said " bearish break below trend resistance after ER, but climbing back above today on AI news. we cross 92.65 and we hit 100 within a week or two in my opinion"
well here we are, past my long trigger and target smashed within my projected timeframe :) Now we are at pivot level that goes back to 2022, break above this (104.78) and AMD will likely head to 115-140 in the next few months.. maybe sooner if some good news comes out.
but longs should also be aware we are at pivot/trend resistance, always dangerous to long at any cluster resistance..
rejection here and break of 100.94 and bears take back control for a bit. Boost and follow to show your support :) see you soon ❤
Last phase of the bear market rally?Looking for last rally after latest decline turned into another corrective wave. I am expecting a wave C with 5 waves and the most likely fib levels (time/price) depicted as arrows on the chart. When the rally begins, I am expecting 100% of wave A, which I am estimating to end at May 16 at a price of 115. I am hoping to enter this position below 91.
