AMD to $200 (61%) – Strong Support ends ConsolidationNASDAQ:AMD weekly charts looks very good. The trendline from March 2023 is intact and we also touched the 61.8 fibonacci from the complete move (starting in October 2023). The descending wedge could be broken to the upside today, which would be a bullish sign for a stronger move towards $200. All in all, many semiconductor stocks are currently on supports or are fundamentally more attractive than they were months ago.
Fundamentally NVIDIA still dominates the AI datacenter market with a market share of over 90%. But Advanced Micro Devices is improving its hardware and software offerings. The recently released MI325X and the upcoming MI350 series could give AMD more market share with faster release cycles. First signs show significant customer interest. In addition, AMD has a more stable revenue stream from other products like CPUs and non-AI datacenters. Given the high prices of NVIDIAs products the market itself should have a deeper interest in more competition.
Target Zones
$135
$160
$200
Support Zones
$117-$120
4AMD trade ideas
Advanced Micro Devices Inc. (AMD): Bearish Momentum Testing Key 🔥 Potential Price Targets (Next Month):
🩸 Near-term Goal: $116.00
🩸 Long-term Goal: $110.00
🔥 LucanInvestor’s Strategy:
🩸 Long: Above $124.64, targeting $130.00 and $135.00. Bulls need a strong reversal backed by volume to regain momentum.
🩸 Short: Below $120.12, aiming for $116.00 and $110.00. Weak MACD and declining sentiment point to further downside risks.
🔥 LucanInvestor’s Commands:
🩸 Resistance: $124.64 – Clearing this level could signal a potential recovery.
🩸 Support: $120.12 – A breakdown here would confirm bearish continuation.
Analysis:
AMD is trading in a prolonged downtrend, with MACD firmly in negative territory. The stock is struggling below both the 9-day EMA ($124.64) and the 200-day EMA ($145.20), confirming bearish sentiment. Volume is declining, reflecting weak buyer interest. Traders should closely monitor support and resistance levels for the next decisive move.
👑 "Opportunities lie in disciplined execution during uncertain times." — LucanInvestor
AMD Bullish break-out above the 3-month Resistance.Advanced Micro Devices (AMD) opened (and closed) yesterday above the 3-month Channel Down pattern that started after the October 09 2024 High and that is technically a strong bullish break-out signal.
The previous break-out in August 2024, eventually reached the 0.786 Fibonacci extension, which was the October 09 2024 High, before declining again.
Even though we are long-term bullish on AMD, as it even kept clear the 1W MA200 (red trend-line), which is its multi-month Support, we expect it to reach at least $160.00 (just below the 0.786 Fib) on the short-term.
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Market Close Update: AMD Continuation Long PlayAMD continued pushing higher today, alongside NVDA, after gaining $28+ per share over the past 2 trading sessions. The partnership with StradVision on providing chips to support their Perception Based Autonomous AI Systems with the goal of delivering high-performance perception solutions for automated driving systems. Looking for a potential entry around $128.90 with at least a $133.42 Short-Term Price Target, but retesting $144.36, it's most recent High that it tested at the beginning of December 2024. Will setting our Stop Loss around $127.40 moving forward if we're able to obtain a slight pullback to get that $128 entry.
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AMD for STRONG buyWhy Buy AMD Stock?
Market Leadership in Semiconductor Industry
AMD is a globally recognized leader in the semiconductor industry, producing high-performance CPUs, GPUs, and adaptive computing technologies. Its innovative products cater to a wide range of markets, including gaming, data centers, artificial intelligence (AI), and embedded systems.
Strong Financial Performance
AMD has consistently demonstrated robust financial growth, driven by strong product demand, strategic acquisitions, and efficient cost management. Its competitive product lineup continues to drive revenue growth and profitability.
Growing Market Opportunities
The increasing adoption of AI, machine learning, cloud computing, and 5G technology creates a substantial growth opportunity for AMD's advanced processors and GPUs. The company is well-positioned to capture market share in these rapidly growing sectors.
Innovation and Product Pipeline
AMD’s commitment to innovation is evident in its cutting-edge product releases, such as the Ryzen series CPUs, Radeon GPUs, and EPYC processors. These products provide industry-leading performance and efficiency, making them highly sought-after in the technology market.
Strategic Partnerships and Acquisitions
AMD’s acquisition of Xilinx and strategic partnerships with industry leaders like Microsoft, Sony, and Amazon strengthen its product portfolio and expand its reach into new markets like
JUST BUY AND HOLD.
1 Stock To Buy This Week: AMDNASDAQ:AMD stands out as a compelling buy this week, with the upcoming 2025 Consumer Electronics Show (CES) serving as a major catalyst.
AMD is gearing up for a major showcase at the CES 2025 tech conference in Las Vegas, at which it is expected to reveal its next-generation GPU.
The company is scheduled to hold a press event on Monday. In the past, AMD shares tend to rally during the week of its major product presentations.
AMD = The Trader Slayer!NASDAQ:AMD
We got a lot going on here with AMD!
- In the volume gap and could fall down to the shelf at $108 or we could have just hit a double bottom with a breakout spot at $174ish.
-H5 Indicator is RED and they are in a downtrend while also forming a Bull Flag (barely).
-Sitting on the bottom of the Wr% and could form a downtrend box or start running to the upside.
It all makes sense to me. This name is an extremely difficult name to trade and has eaten the best traders whole, myself included.
One thing is clear to me! trying to trade this name right now with all of these mixed signals is risky-business! I'm steering clear until we get some certainty!
No price targets because who knows whats gonna happen. 🤣
Not financial advice.
Long AMDFundamentally, AMD maintains a strong position in the semiconductor industry, with a consensus among 31 Wall Street analysts rating the stock as a 'Moderate Buy.' The average price target is $191.96, indicating a potential upside of approximately 59% from the current price.
Recent developments, such as increased demand for AI-driven technologies, have positively impacted AMD's stock performance.
AMD's current price of $124.27 places it near the lower boundary of its regression channel, approximately two standard deviations below the mean. Statistically, prices this far from the mean represent extreme movements, occurring only about 5% of the time under normal distribution assumptions. This significant deviation suggests a high probability of mean reversion, particularly for a well-established stock like AMD, which operates in a cyclical yet fundamentally robust sector like semiconductors.
Given AMD's strong fundamentals, including its leadership in high-performance computing and AI-driven solutions, there is a reasonable expectation for its stock price to move back toward the mean during 2025. Historically, stocks that deviate this significantly often see a correction as market sentiment stabilizes. Combined with Wall Street's consensus price target of $191.96, indicating substantial upside potential, and the broader semiconductor industry's expected growth, this setup suggests a favorable risk-reward profile for long-term investors considering AMD at its current levels.
$AMD - things could be betterNASDAQ:AMD has been an absolute pain-trade for me. I committed the sin of not waiting for the bottom signal and not managing risks when the trade didn't work.
But things might be looking a little better. Both MACD and RSI are turning up, signaling that we may have at least found the bottom and there's a possibility of a potential reversal. 👀
See support and targets in the chart.
As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
Top 5 Weekly Trade Ideas #2 - AMD Inverse H&SI think AMD still looks bearish on the longer time frames, but for now on the 15m it looks like a potential bottom with an inverse H&S. First upside target is $127.65 and it might go all the back up to retest the major trendline above.
Would be bearish if it falls back below the shoulders/neck line with a target area of $118-$120.
AMD Buy at Demand ZoneHypothesis: AMD is has had a downtrend since March 2024, but the macro trend since 2020 is upward. The 174 region is a strong demand region with multiple strong rejections and advances from this level. This level is also in the FIB retracement zone.
If 174 doesn't hold, the next level would be ~$95. I'd rather sell then hold through this move to $95.
Action: Buying into the demand region in two increments. each order has a stop limit at 115. Sell at 174.
AMD Finishing a 1-2 1-2 with ending diag and bullish divergence Current count looks like a 1-2 1-2 finishing out w-c of W-2 with an ending diagonal. With waves 3 and 5 of the diagonal creating bullish divergence. Looking to go up from here! Could end up seeing another 1-2. Invalidation is pretty close.
Alternate count is much more bearish.
AMD Analysis: Navigating Historical Trends 2025.01.01Hello, this is Greedy All-Day.
Today’s analysis focuses on AMD (Advanced Micro Devices).
Weekly Chart Analysis
Looking at AMD's weekly chart, the stock has followed a historical long-term trendline since the 1970s. Over the years, there have been four major trendline breaks, each followed by substantial corrections:
87%, 75%, 93%, and 54% corrections from the trendline break points, with an average correction of approximately 77%.
Importantly, these corrections are measured from the trendline break, not the stock's all-time high.
Recently, AMD has broken below its long-term trendline again.
This suggests we should be prepared for the possibility of a 77% correction from this point.
Where Would a 77% Correction Lead?
A 77% correction from the trendline break would bring AMD to approximately $35.
The $35 Zone: Why It’s Significant
The $35 level is particularly noteworthy because:
It aligns with the green box zone, which acted as a resistance area before AMD’s breakout to all-time highs in 2018–2019.
It coincides with a retest zone in the white box, where historical support was tested.
It also matches historical resistance dating back to the 2000s, making it a logical retest zone.
If AMD were to rebound, $35 would be a strong candidate for a turnaround point.
Bearish Indicators
Several factors point to a continued bearish trend:
AMD appears to have completed a symmetrical triangle pattern with a downside breakout.
It has broken below the August 5, 2024 weekly low, a key support level.
The only remaining support is at $116.37, marked by the green box.
If $116.37 breaks, and the pattern turns out to be a descending triangle, the target could exceed 85%, reaching levels even lower than $35.
Currently, AMD is trading within the white box supply zone.
A break below $116.37 opens the door to $93, the lower boundary of the white box.
However, if AMD moves like it did in the red box supply zone in the past, we could see an expanded downward pattern.
Historically, AMD has experienced declines of up to 67% from its highs, which supports the possibility of further downside.
When to Buy?
Based on AMD’s historical behavior:
Optimal Buy Zone:
If AMD drops approximately 70%, reaching $35, it could represent a long-term investment opportunity.
This level aligns with key historical support zones and could serve as an excellent entry for investors looking to capitalize on AMD's growth potential.
Conservative Buy Levels for Upside Momentum:
First Entry: When AMD breaks above the weekly 20 EMA, currently at $140.35.
This level is still far from the current price.
Second Entry: Upon a breakout above the yellow box supply zone, which marks the upper boundary of the descending triangle pattern.
While the pattern and resistance trendline are broken, overhead supply zones remain significant obstacles.
Third Entry: If the purple box (Ichimoku Cloud) on the weekly chart provides support, this could also indicate a potential entry point.
Conclusion
AMD is a unique stock that may not be well-suited for gradual accumulation due to its high volatility and tendency for deep corrections.
While it has been a market leader during bullish periods, the stock’s history shows frequent, severe pullbacks of 70% or more. This makes timing critical for successful trades.
Bearish Outlook: The current trend is downward, and there’s potential for the stock to drop further, possibly to the $35 zone.
Bullish Outlook: For buyers, $35 could represent a once-in-a-decade opportunity to accumulate shares if AMD’s long-term growth narrative remains intact. Alternatively, entering on clear breakout levels with a cautious approach is advised.
Investors must remain patient and disciplined, waiting for either a deep correction or a confirmed trend reversal. Only then can AMD offer the high reward-to-risk opportunities it’s historically known for.
Let’s stay sharp and trade wisely. 🚀
ADVANCED MICRO DEVICES $AMD | CHIP STOCKS FALL DOWN Dec11'24ADVANCED MICRO DEVICES NASDAQ:AMD | CHIP STOCKS FALL Dec11'24
NASDAQ:AMD BUY/LONG ZONE (GREEN): $141.50 - $166.50
NASDAQ:AMD DO NOT TRADE/DNT ZONE (WHITE): $134.50 - $141.50
NASDAQ:AMD SELL/SHORT ZONE (RED): $110.00 - $134.50
NASDAQ:AMD Trends:
NASDAQ:AMD Weekly Trend: Bearish
NASDAQ:AMD Daily Trend: Bearish
NASDAQ:AMD 4H Trend: Bearish
NASDAQ:AMD 1H Trend: Bearish
NASDAQ:AMD Oct29 earnings release started bearish trend. Bears should start targeting the previous quarter's lows. Price is currently breaking my indicator's range to the downside, and all display indicators are pointing to a bearish trend for $amd. Recently, bearish momentum breaks down from the DNT range this week.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
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AMD looks bullish after finishing two down cycles in a row.AMD holds the level we waited for! Looks like Gann's star says enough for the down trend for AMD and if it didn't close below 120 on daily chart I think we're gonna see 170 again at 360 degree based on Gann cycles (SQ9). LMK what do you thing.