AMD trade ideas
AMD: Is the bear ready to reemerge?Large corrective wave to the upside looks ready for completion. Please see posted chart below for explanation.
AMD supported by the high point in late March of this year!AMD supported by the high point in late March of this year!
This chart shows the weekly candle chart of AMD's company stocks from May 2021 to the present. The top to bottom golden section at the end of 2021 is superimposed in the figure. As shown in the figure, the recent high point of AMD company's stock has been suppressed by the 1.000 position of the top to bottom golden section in the figure! Then, AMD company's stock engaged in a long short competition between the 1.382 to 1.618 positions in the golden section of the chart from late June of this year to the beginning of this month. In the past three weeks, it has broken down and was supported by the high point in late March of this year! Just use the high point in late March this year (102.43) as the long short watershed for AMD stocks in the future!
Long: AMD setting up to retest previous highMACD appears to indicate overbought sentiments are coming down. Charts show that approx 10 calendar days is likely to have AMD to retest the last previous high at about 103 on 21 March.
With 200 day/week crossing, it does look like AMD will setup for a bull run eventually.
Rug about to be pulled from underneath $AMD - Target ~ $75I believe I've spotted a very obvious sign of weakness per Wyckoff distribution theory in $AMD. Price target is $75. I do not have a time horizon but let's just say when the rest of the market sells off, I have an idea of where NASDAQ:AMD is going.
Full disclosure, I'm not a profitable trader and I'm relatively new to trading. But my best trades/entries have been during the times I've been fortunate enough to spot this setup--signs of weakness in a Wyckoff distribution.
Price target is based on previous failure where NASDAQ:AMD failed to make a lower low.
Good luck and happy trading!
AMD AnalysisPrice played out exactly as analyzed last week too. Right now, price is trapped between the bullish and bearish OBs. For price to continue either direction, we should wait for the OB to get invalidated before we look for a confirmation on the direction it's going. I'll stay out of this pair for the time being if I'm trading.
AMDAmd short coming together nicely, If it pops back up with the triangle support im looking to get in shorts as close to 111.33 as possible. Any break above that would invalidate my short, and I would cut my shorts and try again at 113 area.
Entry for Short would be,
Entry - 111.33
Stop Loss - 112.47
Target 1 - 104.30
Target 2 - 99.51
Target 3 - 89.81
AMDAMD is currently trading right above the golden pocket and trendline. This confluence is very bullish in my opinion after a massive selloff, in the past few days.
A long here wouldn't be a bad idea IMO but make sure to use proper risk management.
#ManageYourRisk
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
Don't trade with what you're not willing to lose. Calculate Your Risk/Reward!
This is not financial advice. This is for educational purposes only.
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 area
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.
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 💛
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 recommendation
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-$80 which is near the monthly coral.
Possible falling wedge on AMDTook a long position on NASDAQ:AMD today hoping we get a breakout from this potential falling wedge here. Had a fake breakdown but then a nice bounce from that 102ish support and is now looking to breakout. Would like to see 113 sometime later this week.
AMD: Bullish Gartley PatternGoing long at the breakout of Higher High at from D Point/PRZ. Stoploss will be placed at the LL or LH as soon as it formed. The XA is approximately at 0.618 retracement and BC Point project is within the 1.618 retracement. Also C point is within the range of 0.382 to 0.886
AMD AnalysisPrice did not play out as analyzed last week. Similar to PLTR, I'm expecting price to follow the bearish order flow, potentially mitigating the bullish OB at 99.94 next.
AMD Potential continuationI like this as continuation for the upside move.
I personally will be looking for buy at 100$,
80$ red zone as deeper discount buy.
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 !
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,
thanks
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.
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"
