Retest previous resistanceThe price is bullish in an impulse wave, and it is currently retesting the previous peak, and then rising again to make a new peak for the shaded areaby KhaldHegazyUpdated 224
The Last Nail to the Coffin of Random Walk Theory..!In this article, I want to make my argument against the famous Random Walk Theory: First, let's see if the simplest thing that we think is Random and generates random outcome is really random: Coin Flip The most compelling finding that raises concerns about the validity of the coin toss comes from the use of mechanical coin flippers, which can be made to impart exactly the same initial conditions for every toss, namely the starting position, velocity, and force. In these cases, the outcome can be high, if not entirely, predictable. Coin tossing becomes physics rather than a random event. It is the human element that makes the process random in that each toss tends to be at a different speed, sent to a different height, launched at a different angle, or caught in a different manner. Therefore, the possibility of practicing the task to reduce these different elements can be considered. If you try to toss the coin the same way each time, you should be able to make the outcome significantly different than 50:50. A limitation of our study is the uncertainty about whether the individual results are repeatable. However, we conclude that the validity of using the toss of a coin to provide a random 50:50 outcome is thrown into doubt, both in medicine and everyday life. www.ncbi.nlm.nih.gov Now let's review My AMD analysis: Please go to each of them, push the play button and see what is happening and then ask yourself if the market is a random phenomenon??? Obviously, AMD has had a Complex correction since December 15, 2021, but I predict all the moves correctly ..! Another important thing to consider is in 1973 when Random Walk Theory was born, there was no computational power..! at least Mr. Malkiel had no access to today's computational power! The Biggest Secret of Rentech is that: It was Jim Simons who build a good team and made the most money, but it was not him who solved the market..! Think about... Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site. Educationby MoshkelgoshaUpdated 2229
AMD could see a nice bounce here 👀I recently sold my shares at local resistance zone @ 120 not too long ago Now taking a re-entry today at 105.20 with stop at 103, we need a good ER reaction on NVDA tomorrow for a rally though 🚀 good reaction and a rally to 114-130 is in play short term, I checked many charts today.. this is one of the few that looked like great risk reward for longs. hope this helped some of you, boost and follow for more 💛Longby Vibranium_CapitalUpdated 111131
Descending TriangleDescending, Ascending and Symmetrical triangles are neutral patterns. Ugly red candle today when price hit the top line which is resistance. Some would measure the wide end of the triangle and project it up or down to guesstimate targets. The targets are calculated at the break point though and this triangle remains intact for now. No recommendationby lauralea0
AMD - Headed Lower$98.30 is a major level of interest for me. I'm looking for a solid close below that level, then I want to see a retracement from that move so I can move into a short position back to structure and the weekly/monthly trend. I'll be a buyer between $76-$80 which is near the monthly coral.Short06:22by allout06333
Possible falling wedge on AMDTook a long position on NASDAQ:AMD today hoping we get a breakout from this potential falling wedge here. Had a fake breakdown but then a nice bounce from that 102ish support and is now looking to breakout. Would like to see 113 sometime later this week.Longby Flinttrades337
AMD: Bullish Gartley PatternGoing long at the breakout of Higher High at from D Point/PRZ. Stoploss will be placed at the LL or LH as soon as it formed. The XA is approximately at 0.618 retracement and BC Point project is within the 1.618 retracement. Also C point is within the range of 0.382 to 0.886Longby adeelahm19791
AMD Advanced Micro Devices is ready to move to the $119-122 area. This trade has amazing R/RLongby DpS_WTFUpdated 1
AMD AnalysisPrice did not play out as analyzed last week. Similar to PLTR, I'm expecting price to follow the bearish order flow, potentially mitigating the bullish OB at 99.94 next.by Keeleytwj2
AMD Potential continuationI like this as continuation for the upside move. I personally will be looking for buy at 100$, 80$ red zone as deeper discount buy.Longby binhe23Updated 3
AMD - Turn around & go up the canal?AMD - Turn around & go up the canal? A popular stock + above the average line 150MA + Will meet the lower edge of the channel & rotate up the channel ??? Only an idea and not a recommendation for trading !Longby dovale19722
AMD Long EntryThis level should hold, i'm actually writing some AMD puts as I don't mind holding the stock and will capitalize on the premiums if not assigned any shares. Please use a stoploss, thanksLongby The_Gains2
AMD target $112 & likely back downIt's seeming like we reverse today and I'm getting that AMD reaches $112. I asked if there's anything else I should say in this idea, and my dowsing went to "bull trap". So, don't get real excited here. The trends are going to be down. I would look to short at $112.Longby JenRz2
Fool me 3 times, f8k the peace sign load the chopper on you Don't save her, she don't wanna be saved. Don't save her, NASDAQ:AMD dont wanna be saved. Don't save her, she don't wanna be saved Don't save her. But i swear if someone save her tho i will be pissed because aint no way NASDAQ:AMD wont try to go to shaded area to 107 before going to the white trendline. they say the 3rd time is always the best so i dont want to be like J.Cole and be like "My only regret was too stupid for not buying too much contracts" "My only regret, could never be bold enough to press the buy button and take Aaliyah home" Shortby menskyl96Updated 8
AMD: Waiting for 98.80 to buy Based on FIB Levels and short term bearish market bias, I am looking for AMD to drop to at least 98.80 before starting a long position. 98.80 represents the FIB golden pocket and at the FVG #1 gap fill. It may drop to the .7 FIB level and FVG #2, I would consider DCA on the position. STOP EXIT if it goes below around 88by mrmagic1
AMD - $104.55 / Inverted Cup & Handle - Great Entry0. Notes to follow; 1. AMD has been consolidating for 3 months. 2. $104.55 looks like a great entry for those that missed the run-up after NVDA earnings;Longby drchelsea1Updated 10
Market Outlook 8/17/2023Same as usual. Just an update of what I normally go over. I would type more, but why type more when it is a video that is supposed to be watched. I give the long story short TLDR in the last 2 minutes of the video.19:49by TrendLINEBoys3
AMD to 1.618 Fib LevelI'm thinking AMD will eventually break out of this triangle pattern, and reach the 1.618 Elliot Fib Level which is equivalent to about $126 in the 3rd week of August. Then Intel will pay their wall street buddies to put out bad news on AMD to try and drive the price down. Then AMD's wall street buddies will put out more good news on AMD's Artificial Intelligence capabilities, which will then drive the price up to the $137 Fib Level. Last step in the process, is the automated machine algorithms buying up AMD stock early in the 4th week of August to ultimately drive the price up to $155 - $162 Fib Level. Longby Phoenix-Rising449
AMD AnalysisPrice playing out as analyzed last week, taking out the equal lows and deeper into the current bullish OB. From here, I'm expecting price to make a bullish retracement, potentially to take out the equal highs at 122.12.by Keeleytwj3
Advanced Micro Device Can we bounce from 21 Weekly EMA?Hi Guys! This is a Technical Analysis on Advanced Micro Device (AMD) on the 1 Week Timeframe. Previously i posted a chart on the Daily Timeframe, mentioning of a potential breakout to the upside. But it was short lived as a fakeout, and we are down 7ish% since then. To get an understanding of what went wrong, i decided to analyze the Weekly timeframe to get a bigger picture. As you can see: We have closed BELOW the SUPPORT line of the triangle. We have also closed below this short term RED Horizontal support line. And we are now Testing SUPPORT on the 21 Weekly EMA. This is a Major development in my opinion. 21 EMA is used to determine trend: ->If its ABOVE = BULLISH ->If its BELOW = BEARISH Whenever we are ABOVE the 21 EMA, its important for the BULLISH trend to have price action test SUPPORT on the EMA, every now and then. For the BULLISH Trend to continue, we need CONFIRMATION that the 21 EMA indeed acted as SUPPORT. But there is also the case, of the 21 EMA not being able to maintain SUPPORT. So whats more likely in our current situation? In my Opinion, its becoming more likely or probable that we BREAK BELOW 21 EMA. For me and for more evidence i like to use INDICATORS. Ive highlighted some Scenarios that mirror our current developments in the 3 indicators ive added. Notice the Differences between how far we drop under the 21 EMA and the variations found in the indicators. For Price action to weaken and drop below 21 EMA, 3 things need to happen: 1. RSI -> Showing the Orange line break support and move BELOW the Black line. The longer stay below and continue lower, more likely for price declines. 2. MACD -> BEAR CROSS, (Blue line below Orange line) and the appearance of Red Histogram. 3. STOCH RSI -> Below the 20 level. The longer we stay below this level, more likely for price decline We are currently in this SCENARIO, highlighted by BLACK BOX. So now to determine exactly how far BELOW we go, If we do break SUPPORT. To gauge at that, we look LEFT and we look at the specific changes/ differences in the indicators. For LARGER PRICE DECLINES like in Scenario #3 and #4 -> MACD Histogram Bars were LARGE -> MACD Blue/Orange lines moved BELOW 0 level -> STOCH RSI for #3 continued for about 133 days (longest compared to other scenarios). -> RSI Orange line stayed below Black line for extended period Now notice #1 and #2 -> The indicators didnt show extreme variations as seen in #3 and #4 -> Scenario #2 Price action was below 21 EMA for a decent amount of time but it was consolidating, rather than having a major decline. -> Though the RSI Orange line was below the Black for extended time, -> the STOCH RSI was at oversold area for 119 days, -> the MACD Orange/Blue line NOT dose diving BELOW 0 level, helped price action maintain a range before moving back over 21 EMA. We have to keep in mind though that history DOES NOT have to repeat and that a new scenario can be possible BUT Main thing to watch is the size of the histograms of the MACD and whether or not we stay ABOVE the 0 level, in my opinion. A level to look at is the SUPPORT line labeled "MAJOR SUPPORT". IF we do close BELOW 21 EMA, it becomes more likely we test this line. ________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on AMD in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy. Shortby SafofAllTradesUpdated 4
Puts AMDI think is a dead cat bounce off the 107 support. Tomorrow can open with a gap down breaking the support level. I has been doing lows lows since the last top.Shortby ArturoL4
AMD StockBullish shark pattern loss -5% Return 37% Targets: 116.42$ 132.81 And 1.618 fib 149.08$Longby A-Alsaedi3