Livermore's Speculative Chart w/ Accumulation CylinderArtificial intelligence...
AI...
need I say more?
AMD trade ideas
AMD: Potential BuyPrice has broken the 150 USD psychological key level upwards in a clear bullish channel. Next target at 170 USD. Areas marked to look out for.
AMD UpdateWith the price action we're seeing today and a request from a follower, I wanted to update y'all on where AMD is in the count. As you can tell we are currently on our iii of 3 of v of ((1)). The strength since the Oct lows of last year are a testament that we are in fact in a iii of 3. We have literally almost doubled since that time. If this thing is to continue hitting standard extensions, then we should continue to rise until we hit the 1.236-1.382 @ $176.33-$193.30 before we get another decent retrace. Remember, these are just standard places for this part of the count to end not a guarantee. We would then most likely trek down towards the 1.0 @ $151.99 before rising again towards the low $200 area. MACD seems to support this count at this time and
I would expect it to make another high during this wave iii of 3.
All that is required for this larger count to be considered complete though, is a high above $164.41. Once this count completes, we will spend a LONG time dropping in a corrective fashion for our wave ((2)) of III. Hopefully this helps clear things up for people. Feel free to ask questions and leave a like if this information is useful to you. Good luck everyone!!
AMD FIND ITS NEW BASE SUPPORTBased on my own observation, current support line is on 158.50. It might take a few days for it to reach its new support line. Im currently waiting for 158.80 to buy.
AMD Moon Mission or Reality Check? $900?!!Potential Launchpad:
Explosive growth driven by market tailwinds
Valuation gap compared to peers
Technical breakout signaling momentum.
Conclusion:
High-risk moonshot with potential reward, but thorough research and risk management are essential. Diversification and alternatives might be more prudent for most investors.
Disclaimer: This is not financial advice. Do your own research and consult a professional before investing.
AMD AnalysisPrice played out nicely as analyzed last week, giving us a +18.89% move to the upside. As price is currently in an all-time-high scenario, price is more likely to continue higher with the bullish order flow. Of course, we can expect bearish retracement into the bullish order block at 151.05, but the general direction is up.
AMD - continuation patternHi traders
AMD has been in a bullish market.
The price has been consolidating in a falling wedge which is a bullish continuation pattern therefore we expect the continuation to the upside.
3 targets for bulls are shown on the chart.
However, we won't be surprise if AMD will do new all time high .
What do you think? do you agree?
AMD's Soaring Stock: Riding the AI Wave with TSMC in Its Sights
Advanced Micro Devices (NASDAQ: NASDAQ:AMD ) is making headlines as its stock experiences a remarkable 11% surge, riding high on the coattails of Taiwan Semiconductor Manufacturing (TSMC), the world's leading chip fabricator. The recent boost in NASDAQ:AMD 's stock price is attributed to TSMC's bullish signals regarding the robust demand for AI semiconductor production. This surge not only underscores the vital partnership between NASDAQ:AMD and TSMC but also positions NASDAQ:AMD as a significant player in the rapidly evolving semiconductor industry.
TSMC's Impact on NASDAQ:AMD 's Trajectory:
NASDAQ:AMD , heavily reliant on TSMC for chip manufacturing, finds itself on the brink of a potential record high. TSMC's fourth-quarter results, although flat compared to the previous year, exceeded expectations, signaling a positive momentum shift. The crucial role of artificial intelligence (AI) in driving this growth aligns seamlessly with NASDAQ:AMD 's focus on enhancing its position in the GPU market, where it currently holds a second-place position behind industry giant Nvidia.
TSMC's Q1 fiscal year guidance, with a projected 10% increase in sales compared to the previous year, further cements the positive outlook for $AMD. Despite a potential dip in Q1 revenue, TSMC historically experiences cyclicality, suggesting a return to annual sales growth for the company. This, in turn, bodes well for NASDAQ:AMD , reinforcing its status as a key player in the semiconductor space.
NASDAQ:AMD 's Strategic Moves in AI:
While Nvidia remains the undisputed leader in advanced graphics processing units (GPUs) for AI applications and data centers, NASDAQ:AMD is carving its path with strategic investments and innovations. The announcement of a new chip, positioned to rival Nvidia's H100, indicates AMD's commitment to competing at the forefront of AI applications. Analysts also highlight AMD's efforts to improve its AI software, addressing a historical preference for Nvidia's chips over AMD's.
NASDAQ:AMD 's GPU and CPU Focus:
Beyond the AI segment, NASDAQ:AMD 's prowess extends to both graphics processing units (GPUs) and central processing units (CPUs). As the second-largest standalone GPU maker, AMD aims to narrow the gap with Nvidia by securing performance wins and gaining the favor of major customers. Simultaneously, AMD continues to challenge Intel's dominance in the CPU market for PCs and servers, illustrating a multi-faceted approach to market share expansion.
Investor Sentiment and Technical Analysis:
Investors are increasingly bullish on NASDAQ:AMD , drawn by its strategic positioning in the high-performance semiconductor space. The introduction of a chip challenging Nvidia's stronghold and improvements in NASDAQ:AMD 's AI software contribute to the positive sentiment. From a technical standpoint, NASDAQ:AMD 's stock is in a rising trend channel, indicating sustained positive development and growing investor interest.
Conclusion:
As the demand for high-performance semiconductors, driven by AI applications, continues to grow, NASDAQ:AMD stands out as a compelling investment. The partnership with TSMC, strategic focus on GPU and CPU advancements, and positive technical trends position AMD as a formidable contender in the semiconductor industry. Investors eyeing long-term growth and exposure to the AI wave may find AMD to be a sensible addition to their portfolios, with the potential for further gains in the evolving landscape of high-performance computing.
Semiconductor raceAdvanced Micro Devices, Inc. engages in the provision of semiconductor businesses. It operates through the following segments: Computing & Graphics, and Enterprise, Embedded and Semi-Custom. The Computing and Graphics segment includes desktop and notebook processors and chipsets, discrete and integrated graphics processing units, data center and professional GPUs and development services. The Enterprise, Embedded and Semi-Custom segment includes server and embedded processors, semi-custom System-on-Chip products, development services and technology for game consoles. Retracement to the previous old highs or lower can make a perfect buying opportunity.
AMD's Remarkable Surge: A New Era for TradersIn recent years, AMD has emerged as a powerhouse in the semiconductor industry. Since 2015, AMD has experienced a phenomenal rise, transitioning from under $2 to soaring above $160. This impressive growth has garnered significant attention for traders, especially as we approach a potential milestone: surpassing the all-time high set in late 2021 . If AMD breaks this barrier, it could herald a "blue sky breakout," which is a scenario where a stock reaches new highs, with no historical resistance levels to gauge future price movements.
Elliott Wave Analysis and Future Projections
The Elliott Wave Theory, a method of technical analysis that I use in my trifecta of my trading analysis strategy, suggests that stock prices move in repetitive wave patterns. According to my analysis of AMD's price movement, it appears that the stock may have completed a five-wave ascent, followed by a corrective phase into late 2023. With AMD breaking the mid-2023 high and edging closer to surpassing the late 2021 peak, there's a strong indication that we might be entering a new bullish phase.
If this upward trend continues, driven by robust demand, short squeezes and other market dynamics, my projection is that AMD could reach nearly $400. However, it's crucial to remember that the Elliott Wave structure is inherently subjective and should be considered as one part of a comprehensive analysis.
Correlation with NVDA
Another key aspect to consider is AMD's correlation with NVIDIA. Both companies are major players in the semiconductor space and have shown similar market behaviors. Understanding the dynamics between these two stocks can provide valuable insights into the sector's overall performance and potential future trends.
Risks and Considerations
While the prospects for AMD look promising, approach with caution. The possibility of significant downside risk remains, and market conditions can change rapidly. The ongoing AI revolution has undoubtedly fueled interest in semiconductor stocks like AMD, but it's essential to maintain a balanced perspective and consider a range of factors before making investment decisions.
Remember that in the world of trading, there are no guarantees, only probabilities. Stay informed, trade wisely, and be prepared for all eventualities.
$AMD: 160 May SurpriseAMD is showing incredible resilence over the majority of it's peers and the SMH index. Currently this and NVDA are the preferred semi conductor companies and should be followed closely here as there's some chance that this continues to move to the upside off 160...
AMD OppurtunityGreat oppurtunity is at the door... I believe after FED's peak, golden days of microchips will return.
AMD Surges as AI Optimism Fuels Stock Rallysemiconductor giant Advanced Micro Devices ( NASDAQ:AMD ) is experiencing a significant surge in its stock value, driven by growing optimism in the artificial intelligence (AI) sector. Analysts are revising their price targets upward, reflecting a bullish outlook on AMD's future prospects. This surge is part of a broader trend in the industry, where companies are strategically positioning themselves to capitalize on the burgeoning AI market.
Key Catalysts:
1. Barclays' Bullish Stance: Barclays has named NASDAQ:AMD a "Top Pick" for the "2nd Wave of AI," boosting investor confidence. The investment bank raised its price target for NASDAQ:AMD shares from $120 to an impressive $200, suggesting a more than 30% premium compared to the stock's trading levels at the time of the upgrade. This move follows Barclays' observation that 2024 is poised to be a pivotal year for AI, with chipmakers like NASDAQ:AMD gaining market share.
2. Supply Chain Dynamics: With supply constraints impacting the industry, customers are reportedly opting for NVIDIA's entire platform to secure priority shipments of accelerators. This scenario has inadvertently benefited NASDAQ:AMD , contributing to a notable 7.5% surge in its stock price to $157.57, reaching its highest level in more than two years.
3. AI Market Expansion: As the AI market continues to expand, NASDAQ:AMD is strategically positioning itself to challenge NVIDIA's dominance in the sector. In response to tightened U.S. export rules, NVIDIA plans to commence mass production of an AI chip designed for its Chinese customers later this year. Meanwhile, in December, NASDAQ:AMD announced two new AI data center chips, signaling its commitment to competing with NVIDIA's flagship microprocessors.
Analyst Perspectives:
Analysts from KeyBanc have also revised their price targets, with NASDAQ:AMD receiving an increase to $195 from $170. NVIDIA's price target has been raised to $740 from $650 by the same analysts. These adjustments reflect a positive sentiment towards both companies, positioning them as attractive investment opportunities. The industry-wide PHLX semiconductor index is up 1.15%, further emphasizing the positive momentum in the semiconductor sector.
Market Reflection:
The market's response to these developments is characterized by the notable volatility in NASDAQ:AMD 's shares, with 22 moves greater than 5% over the past year. However, today's 5.8% jump suggests that while the news is deemed meaningful, it may not fundamentally alter the market's perception of $AMD. The company's shares have experienced significant moves in recent weeks, notably gaining 5.2% just eight days ago, indicating a dynamic market environment.
AMD's Strategic Moves:
NASDAQ:AMD 's recent announcement of the Radeon RX 7600 XT graphics card ahead of CES 2024 adds another layer to its strategic positioning. The graphics card, equipped with features like AMD FidelityFX Super Resolution and HYPR-RX, aims to provide seamless gaming experiences and cater to content creators, enhancing productivity and quality.
Conclusion:
In a landscape where AI-powered technologies are gaining prominence, NASDAQ:AMD 's strategic moves and the bullish outlook from analysts signal a compelling narrative for investors. The company's ability to navigate supply chain challenges, coupled with its advancements in AI-centric offerings, positions it as a key player in the evolving semiconductor industry. As the market continues to recognize NASDAQ:AMD 's potential, investors may find this juncture an opportune moment to delve into the promising prospects that the company presents.
AMD - DESCENDING BROADDENING WEDGESA breakout from descending broadening wedges. The upward trend had stopped.
Action: Short
Target: Support level
Profit: Around 25%
AMD 158, CUP AND HANDLE COMING UPBased on my observation on AMD, on daily chart, a cup is formed and the handle is almost complete, im taking my win at 158$ , and if its break more than that, We will wait till it reaches its new support.
AMD broke out Diamond pattern AMD has recently broken out a diamond pattern after reaching a lower point of a down trend.
AMD - Pattern TradeSpotted this bullish pattern on $AMD! We are Targeting $146 as a profit-taking area. This stock has a history of consolidating before major upward moves. Plus, its one of the hottest stocks now with immense volume. Let's ride the wave! #AMD
AMD INV H&S ( SHORT TERM BULLISH )
AMD Inv. H&S, high chance of another bullish leg up to capitalize off of. The reasoning for short term bullish is due to the fact that the weekly time frame is over extended with a similar historial pattern to the previous "top" of AMD's weekly high before falling to correct.
AMD AnalysisPrice played out nicely as analyzed last week, giving us a nice +5.76% move to the upside after grabbing the sell-side liquidity at 135.37. Price has made an equal high at 151.05 which will be taken to push price higher, or to further mitigate the current bearish order block for a bearish move. Next target from here is most probably the liquidity above that equal highs.
AMD RSI divergeance. Shorting break of Fridays low.
Sector charts showing divergeance in MACD and RSI. target is 50D MA.
AMD Harmonic Elliott Wave and Hurst's Cyclic AnalysisReview:
Let's review the key points of the previous update (Oct. 14th):
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).
20W cycle trough in the first week of November.
Huge amount of bearishness going into this trough, also a strong bounce out of it.
Update:
From October 12th to 26th we got a strong bearish move as wave y and we also got the strong bounce out of it (we had identified the structure correctly). The only difference was that we did not form the third zigzag as expected and started making higher highs.
Analysis of the Structure:
We are in wave C of (5) of C of III.
Analysis of the Cycles:
We are in the second 10D cycle of the first 20D cycle of the first 40D cycle of the second 80D cycle of the first 20W cycle of the current 40W cycle.
20D cycle trough expected on January 19th. It's FLD has generated an upside target of 159.43.
40D cycle trough is expected February 2nd-6th.
20W cycle trough on March 11th.
AMD?interesting chart. i have the AVWAP at the 52 week low showing confluence with the support trend line. after earnings and fed speak we broke out the channel. were coming close to geting above the 0.68 fib retrace from last high 132/133ish area.
were also tradin above the 200-100-50 moving averages
that can also be a giant bull flag and cup and handle and all those measured moves take you to key areas. idk if it gets there or when. but just a text book looking chart right now.
