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AMDCL trade ideas

$AMD wants $180 depending on what $NVDA does nextI think this is a tricky trade, but if NASDAQ:NVDA sneezes then NASDAQ:AMD may get the flu. NASDAQ:AMD 's chips are not as great as NASDAQ:NVDA 's but they do the job. NASDAQ:AMD has been highly correlated to NASDAQ:NVDA and it seems like if NASDAQ:NVDA tests $800-$780s then NASDAQ:AMD could tank into the $180s with relative ease. Now, it seems to be caught in this downtrend and probably in the next couple of weeks, to be safe, $180 puts could print. Trade safe, always hedge, don't oversize.
NASDAQ:AMDShort
by gumoca
AMD About To Go For 300% Blowoff Before Multi Year CorrectionAMD looks like it still has a lot more steam left. More so than NVIDIA. If I was holding NVIDIA I would sell and put it into AMD probably now. I see a move up into the $600 range, hard telling what a top would be but that rising channel resistance will probably hold. Once rejected off that resistance itll be a slow and steady decline back down to double digits. The stock market and the overvalued stocks will slowly bleed out into Bitcoin and the Crypto market over these next ten years. A lot of these stocks are waaaayyy overvalued. Like stupidly overvalued. Its a bubble about to blow. None of this is financial advice its just my opinion. Thank you
NASDAQ:AMDLong
by Bitgolder
AMD Corrected Again- Buy the Dip Idea LONGAMD on the 15 minute chart breakout through anchord VWAP bands starting on February 29th from the mean anchored VWAP support. Two days later finding itself extended to the second upper VWAP band, price corrected over the next day down to the first upper band and then after a few hours reversed and headed back toward the second upper band going somewhat sideways and getting there two and a half days later. Price was rejected from that dynamic resistance and fell into the first band which provided support to close the week. The Luxalgo regression line forecast is for yet another more up to test the resistance of that second upper band. I will take a long trade here recognizing that the forecast is for a 10-12% move in the immediate term. If the forecast is accurate a stop loss will not be necessary. I will set it at 204 to prevent anything other than an insignificant loss.
NASDAQ:AMDLong
by AwesomeAvani
1
AMD Testing Major Level 215AMD Price Structure formed major levels every 40$ Range. 95, 135, 175, 215 Currently testing 215 level which is also 2x of Rounding Bottom Pattern. MCDX Red Bar (Banker) is above 90% and declining while price is advancing which is interpret as Bearish Divergence (Divergence is a sign of weaknesses.. Not a signal of broken prices action) FiFT are still +ve (Strong Bull) No sell signal seen so far. Not even a fast turtle sell signal triggers. It is likely that AMD will move sideway around 215 level.. Not a good idea to buy at this level.
NASDAQ:AMD
by kgiap123
2
AMD: Start selling. Top this or the next week.Advanced Micro Devices is excessively overbought both on the 1W (RSI = 82.711) as well as on the 1D (RSI = 74.269, MACD = 10.910, ADX = 31.889) timeframe. Since the October 23 2023 Low, which was a 1W MA50 HL of the long term Channel Up, the stock price has risen by almost +130%. The previous HL-to-HH Bullish Leg made a +143.89% rise. We are very close to that level, so we expect the stock to price its new top this week or the next. In addition, the 1W CCI has been trading sideways but above the overbought limit since November, similar pattern as the sequence that led to the June 2023 peak. It is worth to start selling now, targeting close to the S1 level (TP = 165.00). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:AMDShort
by InvestingScope
1
AMD - This Is Not The EndAfter significant price increases in recent months, the AMD share has entered a consolidation phase. The first investors are now beginning to realize their profits. Is this the end of the rally for AMD? No, we don't think so. In the short term, we expect a pullback to the $165 area. We intend to wait for this pullback to optimize our risk/reward ratio to enter a long position in AMD shares. We currently see potential for a price of up to $205 per share.
NASDAQ:AMDLong
by Ochlokrat
2
AMD is no NVDA don't fall into the hype! AMD vs. NVDA: When looking at these two stocks it's clear that NVDA is the clear winner and will maintain its pricing power over alternatives. NVDA's Gross margin (75.97%) is +35.57% that of AMD (40.4%). Although AMD has a low price to sales ratio this is likely due to them having a "Walmart sales model". High volume, low margin. This is illustrated further when looking at both companies price to cash flow ratio. Despite recent surges in NVDA stock price this has been trending lower for NVDA and higher for AMD. Most recent price to cash flow ratios: NVDA (54.1) and AMD (188.14). This helps visualize how much investors are paying for each company to generate cash flow. I don't know about you but I am not willing to get in at these levels and although it is very risky I'm tempted to buy some puts against AMD. Yes they have excellent management and a large economic moat, it does not compare to that of NVDA and it should not be benefiting as greatly as it has recently by NVDA's recent performance. AMD is now approaching the top of a channel that has been strong resistance for higher moves. It seems like everyone in the market is un NASDAQ:AMD NASDAQ:AMD NASDAQ:AMD der the impression nothing ever falls. Although it would be bold and extremely risky to buy puts on any AI stock I believe it to be the correct one. Curious to hear others opinions. AMD: www.tradingview.com NVDA: www.tradingview.com
NASDAQ:AMDShort
by Average_Joe_Options
AMD: When will it End?For AMD, we've continued to see this rise since our last analysis, partly due to very positive news in the market about chips, indicating that chips look very promising in the near future, as expected. AMD rose by 9% yesterday, and pre-market, it's already opening up by 3% higher. We believe that the 161% mark will be reached quite quickly. This Wave (3) could potentially be much larger than the 227.2% mark, yet we think that this range will be a good point for the next correction to occur. However, we should quickly reach this level of $216. It's important to remember that, on a larger scale, we are also in Wave III, which should be positioned significantly higher compared to the subordinate Wave (3), which lies between $216 and can reach up to $368 maximum. That would be quite impressive, but realistically, it's likely to be between $216 and $266.
NASDAQ:AMDLong
by stromm_by_wmc