AMD - Bullish PitchforkLooks like NASDAQ:AMD may have found its bottom on this young pitchfork that I see forming actionable setups. After filling the gap it looks healthy and ready for higher prices. Expecting 140s before earnings.
AMD trade ideas
AMD - Fix & UP ? AMD - Fix & Up ?
A popular stock + above the average line 150MA + 50% Fibonacci + Closing Gap + CCI turns over.
Only an idea and not a recommendation for trading !
AMD Long Falling Wedge Retest AMD broke out of its falling wedge on the 1h time frame and also reached it's demand zone at the $107-$108 region. Looking at calls 2-3 weeks out for $109 :)
Amd TO ADD MORE AT 109. TARGET 300Amd forming new bottom at 108-109.
1 year target 200-300.
be ready for the big moves in 2023-3024.
CHIP IS THE SOUL OF ALL THE TECHNOLOGY
AmdPull back to the 50% retracement. 107.50-108 is a solid entry but stoploss must be below 106 a bit. This could
Be worth the long to risk 2$-3 TSX:AND target 118 if we break 106s then 100 would most likely get tested. I think we might be setting up a bottom here still early to say.
Advanced Micro Devices (AMD) | Technically a Good Opportunity!Hi,
Advanced Micro Devices (AMD), have been waiting for that pullback and here it is.
Advanced Micro Devices designs microprocessors for the computer and consumer electronics industries. The majority of its sales are in the personal computer and data center markets via CPUs and GPUs. Additionally, the firm supplies the chips found in prominent game consoles such as the Sony PlayStation and Microsoft Xbox. AMD acquired graphics processor and chipset maker ATI in 2006 in an effort to improve its positioning in the PC food chain.
Technically the area around $100 is the key level for AMD. Again, this round number, this psychological number plays a big role on the stock charts. Technical analysis is not so hard just observe these nr's, and you should be okay ;)
To the point, let's describe and count the criteria which make me think that this shown box can be a good spot to grab it:
1. The round number $100 is one of them in the list which can act as a good support level but around it has several quite good criteria which match with it...
2. The strong horizontal price zone. The strongest criterion and probably the strongest price range on the entire AMD chart. We have quite a few things which confirm it. Firstly, $90 to $105 has had multiple rejections in either direction since the end of 2020. It has worked as a support level, it has worked as a resistance level - 9 times this range has changed some direction on the chart.
The second confirmation that it is a strong area is the breakouts. In July 2021 the price of AMD managed to break the first time above $100 and made a perfect retest after that which guides the price to ATH levels. The break was made with a strong and powerful candle. The power is needed to make this happen. This time we have two strong weekly candles smashing down the $100, so the power is there and currently we haven't seen a retest yet. We'll wait for it. So, the strong horizontal level is confirmed with strong breakouts and can act as a key support level to end the short-term correction.
3. Fibonacci retracement 38%. Fibo 38% retracement level is great when we have some sort of momentum involved in stocks. Currently, I can say and obviously, you can see, that there is momentum. Perfect match with other criteria and one extra confluence factor added to the optimal buying zone.
4. The trendline. There are two types of trendlines. One is drawn from bodies (dotted: from candle closes, from weekly closes) and the second one is drawn from wicks. Never try to draw from the wick to the body or vice versa. The trendline is the most subjective criterion considering technical analysis and the rules must have in place! Currently, the sweet spot should stay in the middle of these trendlines and it also matches this possible reversal box.
5. In general price action with new mid-term higher highs (HH) and higher lows (HL). 2022 was full of new lows without a single higher high. 2023 is the opposite, since the beginning of 2023 we have seen a strong uptrend with clean and strong higher highs and higher lows. It will give us that needed confirmation that investors are interested in and we have to figure out from where we can jump in...
- Considering technical analysis then the optimal buying zone should stay between $90 to $105.
Good luck,
Vaido
There is still room above of AMD stock !There is still room above of AMD stock !
This chart shows the Line chart of AMD shares in the last two years. The top to bottom golden section is superimposed in the figure. As shown in the figure, the recent high point of AMD stock happens to be 1.000 level of the top to bottom golden section in the figure, and the recent wave of long start bits also happens to be 2.382 level of the top to bottom golden section in the figure! So, in the future, the probability of AMD stocks will continue to break through upwards, test the 0.618 level of the golden section, and then fall back, fluctuating and weakening!
AMD getting ready to push down even more (4 hour)In the last post about AMD we said we had reached the wave 3 and going to wave 4. It looks like that either wave 4 is complete already and going to wave 5... or that wave 3 is not done and we have more downside coming. Either way with both of these scenarios we are looking for more downside with this stock.
Ways find out all the institutional investors in a stock
SEC Filings:
Visit the U.S. Securities and Exchange Commission (SEC) website and search for the company's filings, particularly the 13F filings. Institutional investors with more than $100 million in assets under management are required to file a Form 13F, which discloses their holdings. Look for the most recent filings to get up-to-date information.
Company's Investor Relations: Check the investor relations section of the company's official website. Many companies provide information about their institutional investors or a list of major shareholders. Look for annual reports, shareholder presentations, or investor relations contact information to gather more details.
Financial News Websites: Visit financial news websites like Bloomberg, Yahoo Finance, or CNBC. These platforms often provide comprehensive information on institutional investors, including major shareholders and investment firms. Look for the "Ownership" or "Institutional Holdings" section, which may provide a list of institutional investors and their holdings.
Stock Market Databases: Utilize stock market databases such as Morningstar, Thomson Reuters, or FactSet. These platforms offer detailed data on institutional ownership and holdings. You can search for the specific stock and access institutional ownership reports or ownership changes.
Institutional Investor Reports: Some investment research firms release reports on institutional investors. Examples include Institutional Investor, Preqin, or Institutional Shareholder Services (ISS). These reports often provide insights into institutional ownership, trends, and changes in the investment landscape.
Stock Exchanges: Visit the official website of the stock exchange where the stock is listed. Exchanges like the New York Stock Exchange (NYSE) or NASDAQ may provide information on institutional investors or major shareholders.
Remember, institutional ownership can change over time, so it's essential to check for the most recent data and updates. Bascially none of these are live....
AMD AnalysisPrice played out exactly as analyzed last week, giving us a 10.38% move to the downside and mitigated the bullish POI at 108.79, and giving us a nice reaction from that POI. From here, I'm expecting price to make a bullish retracement to mitigate the new bearish POI at 132.83 before continuing lower.
What is bullish rectangle pattern?The rectangle pattern is a well-known technical analysis pattern that can be a valuable tool for traders. It consists of horizontal lines representing significant support and resistance levels, indicating a period of indecision in the market. This pattern can be effectively traded in two ways: by buying at support and selling at resistance, or by waiting for a breakout from the formation and utilizing the measuring principle.
www.google.com
💥 When discussing the bullish rectangle candlestick pattern, we are referring to a chart formation that occurs during an uptrend. It represents a temporary pause in price movement before resuming the upward trend. This pattern signifies a period of equilibrium as the price moves sideways. Once the price breaks out above the upper resistance level, the pattern is considered valid and generates a buy signal. Bullish rectangle patterns are powerful and commonly used in breakout trading strategies.
💥 Conversely, the bearish rectangle pattern is the opposite version of the bullish rectangle pattern. It follows the same formation and rules but occurs during a bearish market trend.
💥 Understanding the key takeaways of the rectangle pattern is crucial for successful trading. Firstly, this pattern indicates a lack of trend as the price fluctuates between horizontal support and resistance levels. Traders have different approaches to trading rectangles. Some prefer to trade within the pattern, buying near the bottom and selling or shorting near the top. Others choose to wait for breakouts, which occur when the price moves out of the rectangle.
💥 It's important to note that the rectangle pattern concludes with a breakout, marking the end of the price's sideways movement between support and resistance levels.
💥 For more insights and daily ideas about market updates, psychology, and indicators, you can follow @QuantVue. If you find their work valuable, remember to show your support by liking, commenting, and following them.
By understanding and utilizing the rectangle pattern, traders can potentially enhance their trading strategies and capitalize on the opportunities presented by this classical chart formation.
AMD Weekly Harmonic Elliott Wave AnalysisOverview: in the previous weekend on Jun 17th, I had AMD in wave (IV) developing as a double zigzag.
Update: not much to update on this name as it is following the proposed scenario. I think the second zigzag is now complete, but based on the cyclic analysis that shows a trough of 40 week magnitude around 10th of July, a third zigzag is expected in wave IV.
What follows is the final push as wave V, expected around 1st week of September. Then, a correction as wave b (trough of 20 week magnitude on the 3rd week of November).
AMD 2023-2024 PROJECTIONAMD short-term and long-term.
AMD is in a down-trend channel, it needs to break and keep the support to go to the targets.
If AMD doesn't respect the support it is very probably to look for the bottom of the channel.
AMD Entry, Volume, Target, Stop, ResistanceEntry: when price clears 130.79
Volume: with daily volume greater than 98.9M
Target: 165 area
Stop: depending on your risk tolerance; 119.40 gets you 3/1 Risk/Reward.
Resistance: 133 area, 141 area, 152 area, 157 area
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Amd bounce ?Today Amd closed the gap on the daily chart also bouncing on the 35 sma
1 st entry at gap close
#AMD staddle detected! Trade Notional Value- 2.6$M BIG MONEY likes this plan and we can watch them and use support and resistance levels as ways to get in.
Our team studies the options market and how it affects stock prices. Stay tuned!
#AMD straddle detected! Notional value - 2.6M$A trader who has a STRADDLE will open a long position at a support level or a short position at a resistance level safely.
He will not lose money if the market goes in the opposite direction.
BIG MONEY likes this plan and we can watch them and use support and resistance levels as ways to get in.
SHORT to AMDIn technical analysis, there is a chart pattern that is called "Bearish abandoned baby"...
As we can see in the graphics 1D, the baby patter has been configured.
So our entrance could be at 117.14
The take profit could be at 108.5, where we can say that the gap up did it a few days before have been filled.
AMD Gap entry approachesAMD flirted with the gap today outlined in yellow rectangle. Ideally the 20 Day SMA just became a, point of resitance-a as we enter this gap play. Take note of the indicators below. TTM Wave shifting negative, DMI- turning upwards, ADX overlay also in play. We had a Doji Day, Tug of war galore. Ultimately sellers won out. I am wondering, due to analysts recent repots, if people are considering dumping AMD for NVDA, as NVDA has had even more epic (yet unrealistic) rise. I think AMD gap play is here, let it fill by end of week.
M Pattern2nd peak is slightly higher than the 1st peak.
Could be a Shark and the 4th leg can terminate at the .886 or the 1.113.
Time will tell and a lot depends on market sentiment.
No recommendation
AMD -> Almost Ready For Another PumpHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that AMD just recently perfectly retested and already started to reject a major previous weekly structure zone at the $130 level.
You can also see that the next weekly support zone is at the $100-$105 area - I definitely do expect AMD to retest this support before I then do expect some bullish rejection and an overall continuation of the underlying uptrend.
On the daily timeframe you can see that AMD just created a beautiful double top formation which is a classic bearish reversal pattern so there is the possibility that we will first see more downside to retest the $105 support before we will then see a bullish rejection.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
