AMD trade ideas
AMD to close its gap?Advanced Micro Devices - 30d expiry - We look to Sell a break of 115.68 (stop at 122.08)
Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
We have a Gap open at 25/5 from 108.27 to 117.31.
A higher correction is expected.
We are trading at overbought extremes.
In our opinion this stock is overvalued.
Our profit targets will be 100.68 and 97.68
Resistance: 125.00 / 132.83 / 135.00
Support: 115.80 / 108.00 / 102.00
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What is emotion in trading?Emotion in trading refers to the psychological and emotional state of traders that can influence their decision-making process and trading behavior. Trading can be a highly emotional endeavor due to the inherent risks, potential financial gains or losses, and the pressure associated with making split-second decisions in dynamic markets.
Some common emotions experienced by traders include:
1| Greed: A strong desire for more profits, often leading to excessive risk-taking and holding onto winning trades for too long.
2 | Fear: The feeling of anxiety or unease about potential losses, leading to hesitation, over-caution, or selling trades prematurely.
3 | Hope: The optimistic expectation that a losing trade will turn around, causing traders to hold onto losing positions longer than they should.
4| Frustration: The feeling of annoyance or impatience due to unexpected market movements or unsuccessful trades, potentially leading to impulsive decision-making.
5| Overconfidence: Excessive belief in one's trading abilities, leading to taking on higher risks or neglecting proper risk management strategies.
6| Regret: Feeling remorse or disappointment about past trading decisions, which can cloud judgment and lead to revenge trading or irrational behavior.
These emotions can significantly impact trading performance. Emotional decisions may deviate from rational analysis and objective strategies, potentially leading to poor trade execution, excessive losses, or missed opportunities.
Successful traders aim to manage their emotions effectively by adopting a disciplined approach, implementing risk management strategies, maintaining a trading plan, and cultivating psychological resilience. They strive to make trading decisions based on logic, analysis, and adherence to predefined rules rather than being swayed by momentary emotions.
Spotting Market Reversal by FrogAlgo🗣️ Predicting market reversal is one of the most challenging tasks trader are faced with day by day. These indicators and patterns can handle the initial steps for you. Spotting Market Reversal by FrogAlgo 💥
I. The Spotting Market Reversals is made up of two main phases
1) What Indicators for spotting market reversal
a. Oscillator TSI
b. SMAs (20,50,200) and EMA200
c. Coloring Candles
2) Identifying the current patterns in market
a. H Pattern (Double Bottoms) or Inverted H Pattern (Double Tops)
b. SMAs | EMA200 Support or SMAs | EMA200 Support Resistance
c. Gap-Up (Oscillator) or Gap-Down (Oscillator)
d. Side-Way Candles + SMAs | EMA200 Support or Side-Way Candles + SMAs | EMA200 Resistance
II. Spotting Market Reversal consists two parts:
1) Market Reversal (Bottom) for Long :
2) Market Reversal (Top) for Sell :
Explanation:
1) Market Reversal (Bottom) for Long :
a. Oscillator in GreenZone → SMAs | EMA200 Support
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b. Oscillator in GreenZone → H Pattern (Double Bottoms)
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c. Oscillator in GreenZone → Gap-Up (Oscillator)
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d. Oscillator in GreenZone → Side-Way Candles + SMAs | EMA200 Support
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2) Market Reversal (Top) for Sell :
a. Oscillator in RedZone → SMAs | EMA200 Resistance
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b. Oscillator in RedZone → Inverted H Pattern (Double Tops)
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c. Oscillator in RedZone → Gap-Down (Oscillator)
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d. Oscillator in RedZone → Side-Way Candles + SMAs | EMA200 Resistance
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AMD Bearish Short TermTwo weeks ago, I published a bearish trading idea on NASDAQ:AMD saying that I would go short if it broke $115.80. Apparently it didn't break, so didn't take any trades. Here is the link to that post:
This week, we have an interesting scenario. Its a double top on daily chart and an outside bar. Additionally there is a divergence on stochastics. On weekly chart its a failed 2U. Its seems overextended and stochastics is overbought.
Idea is to go short at low of Friday's candle ($119.90). This will trigger a 3-2D on daily and a 2U-2D on weekly. Target could be at least $115.
$AMD Pullback with Bounce TargetsAMD has been on a pretty strong rally for the past few weeks. However It has broken down out of an ascending triangle pattern after double topping the 130 level. There's a solid support level at 116.8, but with the big rejection of 130 and a big red day of momentum Friday, we could see it test the gap fill of 108.4 before moving higher
AMD WEEKLY ANALYSIS after the rejection of the price at the resistance level we will see a reversal to fill fvg
AMD AnalysisPrice played out nicely as analyzed. Price failed to mitigate the bearish POI at 156.73, but reacted strongly to the downside, potentially heading towards the sell-side liquidity at 116.60 next. Once target has been taken, price could potentially go lower to fill the fair value gap, as well as mitigate the bullish POI at 108.79 before deciding to go higher.
AMD Weekly Harmonic Elliott Wave AnalysisOverview: in my previous update published on Jun 10th, I had AMD in wave III of (c) of V of A of (5).
Update: I am doing a bit of relabeling to AMD and I see this name in wave (IV) developing as a double zigzag. When we break out of the hourly descending trendline, it is an indication that wave (V) has started.
Option Trading and How to Master it?Option trading is a type of investment strategy that involves buying and selling options contracts. Options provide the holder with the right, but not the obligation, to buy or sell an underlying asset (such as stocks, indexes, or commodities) at a specified price within a predetermined period.
To master option trading, consider the following steps:
-Educate Yourself: Start by learning the basics of options, including the terminology, types of options, and how they work. Familiarize yourself with concepts like calls, puts, strike prices, expiration dates, and option pricing.
- Understand Risk and Reward: Gain a clear understanding of the risks and rewards associated with options trading. Options can offer leverage but also carry potential losses. Develop a comprehensive risk management plan.
- Paper Trading: Practice trading options using a virtual or paper trading account. This allows you to simulate trades and gain experience without risking real money. Monitor and analyze the performance of your paper trades.
- Develop a Trading Plan: Create a well-defined trading plan that outlines your goals, risk tolerance, preferred strategies, and criteria for entering and exiting trades. Stick to your plan and avoid impulsive decisions.
- Learn Strategies: Explore various options trading strategies such as buying calls or puts, covered calls, spreads (e.g., credit spreads, debit spreads), and more. Understand how and when to use these strategies based on market
conditions and your objectives.
- Technical and Fundamental Analysis: Utilize both technical analysis (e.g., chart patterns, indicators) and fundamental analysis (e.g., company financials, market news) to make informed trading decisions. Learn how these factors
can impact option prices.
- Risk Management: Implement effective risk management techniques such as position sizing, setting stop-loss orders, and diversifying your options trades. Manage your risk exposure by avoiding excessive leverage and staying
within your risk tolerance.
- Continuous Learning: Stay updated with market trends, option trading strategies, and evolving market conditions. Read books, take courses, attend seminars, and follow reputable sources to expand your knowledge and refine your
skills.
- Experience and Patience: Gain experience through actual trading and learn from both successful trades and losses. Patience is crucial in options trading as it takes time to master the intricacies of the market.
- Seek Mentorship or Guidance: Consider seeking guidance from experienced option traders or engaging in a mentorship program. Learning from seasoned professionals can accelerate your learning curve and provide valuable
insights.
Remember that mastering option trading takes time and dedication. It's essential to continuously refine your skills, adapt to changing market conditions, and remain disciplined in executing your trading plan.
How to do Risk Management in trading stock?To practice effective risk management in trading stocks, consider the following key principles:
Set Risk Tolerance: Determine your risk tolerance level based on your financial situation, investment goals, and personal comfort level with potential losses.
Position Sizing: Limit the amount of capital you allocate to each trade based on your risk tolerance. Avoid risking a significant portion of your portfolio on a single trade.
Stop Loss Orders: Implement stop loss orders to automatically sell a stock if it reaches a predetermined price level, limiting potential losses.
Diversify Your Portfolio: Spread your investments across different stocks and sectors to reduce the impact of any single stock's performance on your overall portfolio.
Risk-Reward Ratio: Evaluate the potential risk and reward of each trade. Aim for a favorable risk-reward ratio by seeking trades where potential gains outweigh potential losses.
Research and Analysis: Conduct thorough research and analysis before making any trading decisions. Consider fundamental and technical factors to assess the risk associated with a particular stock.
Stay Informed: Stay updated on market trends, news, and events that could impact stock prices. Being aware of potential risks and market conditions helps you make informed decisions.
Emotional Discipline: Control your emotions and avoid making impulsive decisions based on fear or greed. Stick to your trading plan and avoid chasing losses or making irrational trades.
Regular Evaluation: Continuously assess and review your trading performance, identifying any patterns or areas where risk management can be improved.
Education and Experience: Continuously educate yourself about trading strategies, risk management techniques, and market dynamics. Gaining experience and learning from both successes and failures is crucial for effective risk management in trading stocks.
What is Support and Resistance Line?Support and resistance levels are commonly used in trading to identify potential price reversal points and determine entry and exit levels. Here's a step-by-step guide on how to use support and resistance lines in trading:
1. Define Support and Resistance: Support is a price level where buying pressure is expected to be strong enough to prevent the price from falling further. Resistance, on the other hand, is a price level where selling pressure is expected to be strong enough to prevent the price from rising further.
2. Identify Significant Highs and Lows: Look at historical price charts and identify significant highs and lows where the price has reversed direction. These points represent potential resistance and support levels, respectively.
3. Draw Horizontal Lines: Once you've identified the significant highs and lows, draw horizontal lines across those levels. These lines will act as your support and resistance lines.
4. Validate the Levels: The more times a price level has acted as support or resistance, the more significant it becomes. Look for multiple touches and bounces off these levels to increase their validity.
5. Adjust for Precision: Sometimes, price levels are not exact. You may need to adjust the support and resistance lines slightly to encompass the price action more accurately. Use the candlestick wicks and bodies to fine-tune the placement of your lines.
6. Monitor Price Reactions: Watch how the price reacts when it approaches these support and resistance levels. If the price bounces off a support level and starts to rise, it reinforces the validity of that level. Conversely, if the price approaches a resistance level and starts to decline, it strengthens the significance of that resistance.
7. Consider Confirmation Signals: While support and resistance levels alone can provide valuable information, it's helpful to use other technical indicators or chart patterns as confirmation signals. For example, you may look for candlestick patterns, trendlines, or oscillators that align with the support or resistance levels to increase the probability of a successful trade.
8. Plan Your Trades: Once you've identified support and resistance levels and confirmed them with additional indicators or patterns, you can plan your trades accordingly. For example, you may consider buying near a strong support level with a stop-loss order below that level. Conversely, you might sell or short-sell near a significant resistance level, placing a stop-loss order above it.
Remember that support and resistance levels are not foolproof indicators and should be used in conjunction with other analysis techniques. It's also important to adapt your approach to the specific market conditions and the timeframe you're trading in.
Bullish AMD - 105 Cash Secured Put out to JulyLast week I sold a 105 put in AMD for around 200$. I've collected 1/2 of the credit as it's moved up and as theta has decayed. However today, it's starting to come back down and showing some bearish divergence on the daily. MACD and RSI are not looking great. So will probably hold this put through the weekend and reassess next week.
Loosing steamApparently AMD is forming a double top. Still has to break down the neck line to confirm but those two big red candles show weakness in the buyers. Don't get caught up in this AI fever. It will end and very soon.
AMD 15MIN - GAPS AND FIBS AMD not looking as strong as NVDA but its stuck between and rock and a hard place with higher time frame fib extension, the price structure tells the story of it filled the most resent gaps but still has one below that is part filled. By this the .618 fib level is calling for short term up move for a bigger down move longer term...
$AMD Divergence on the Hourly ChartNot much left to be said, a break below the 125MA would suggest that fear of losing gains has taken over for AMD and there could be more downside to come.
Current Situation for AMDNASDAQ:AMD investors having a tough time making sense of higher prices right now. They are definitely trading at prices consistent with speculation. How much growth can you get out of AMD at this current moment? In a lower interest rate environment they were averaging 21.90% per year. Over the next 5 years they are projected to average 8.94%.
The age of high growth may be behind us for now. Investors will have to get used to the new reality that exists. This clout grab from AI implementation is going to fade over time.
AMD: Sell ideaSell idea on AMD as you see on the chart because we have:
- a squeeze;
- breakout of support line;
-breakout of vwap indicator.
So it's mean that we will have a big probability to have a downtrend. Thanks!
Bullish IdeaAMD is trading strong above key moving averages. It came down a bit for a breather and I feel its ready for another move up. This is not an entry for me quite yet. Simply sharing this to be prepared. Price is approaching the vwap. If it gets above and holds there is buyer support and I would consider a long position.
AMD make or break time ⏰parabolic break past trend resistance, now revisiting that trend line 🙈
scenario 1: resistance turns support, we bounce to 125-138 from here
scenario 2: break back below trend resistance, dip to 100 level before more upside
either way the trend is in favor of the bulls (by a longshot), so bears should trade with caution here :)
Boost and follow if this helped, thanks ❤
AMD: Buy ideaOn AMD as you see on the chart we have a buy idea because we have the breakout with force the vwap indicator.Thanks!
AMD AnalysisPrice consolidated since my last analysis. No changes to my expectations, I'm expecting price to continue lower, taking out the sell side liquidity at 116.6, and potentially the bullish POI at 108.79 next.
