1AMD trade ideas
AMD Set for Major Processor Launch As it Grabs 33% of CPU MarketAdvance Micro Devices ( NASDAQ:AMD ), a leading player in the server CPU market, claims a 33% share. The company is preparing to launch its next-gen "Turin" processors and unveils a GPU roadmap following the MI300 product line. NASDAQ:AMD 's CFO, Jean Hu, highlighted the company's growth in servers, CPUs, and GPUs, highlighting partnerships with Microsoft and strong double-digit growth in server CPUs and desktop/laptop segments.
AMD's strategic focus on power efficiency and cost-effectiveness makes it a compelling choice for enterprises facing power and space constraints. Notable clients like American Express, Shell, and STMicroelectronics are transitioning to AMD-based infrastructure. NASDAQ:AMD plans to launch a next-generation AI PC in the second half of the year, potentially refreshing the PC market. The company also sees long-term growth potential in the embedded processor market through synergies with Xilinx.
NASDAQ:AMD 's performance in the desktop and laptop markets is also highlighted. Analysts expect NASDAQ:AMD and peers to drive semiconductor industry optimism after their earnings beat, but caution against AMD's MI300 supply constraints, gaming segment weakness, and aggressive pricing from Nvidia Corp.
Technical Outlook
Advance Micro Devices ( NASDAQ:AMD ) stock is up 3.43% on Tuesday's Market day trading. The stock daily price chart depicts a trend reversal from a falling wedge or bullish flag pattern.
Advance Micro Devices ( NASDAQ:AMD ) stock has a Relative Strength Index (RSI) of 61.94 which makes it poise for further growth in the long term.
AMD BACK TO $200AMD has successfully retested its previous weekly resistance. I have also observed an inverse H&S pattern off of the resistance zone as well which is a strong indication of reversal. I expect this stock to preform well over the next few years.
Semiconductor Bull Run: Is it OVER?AMD is experiencing a breakout from the falling wedge pattern, which is a bullish signal. Currently, the stock is above its immediate support zone and ended the last trading session with a bullish harami candle.
Although sell pressure seems unlikely given the current levels, keep an eye on the medium-term support zone to reassess your trading strategy if needed.
These levels are suitable for options trading and could result in excellent swing trades based on liquidity analysis.
The price target is between $185 and $190, with the potential to reach $200 if the bullish momentum continues.
Let's monitor how this develops.
GBP/USDLast week, the Pound Sterling (GBP) and the US Dollar (USD) exchanged minor gains, with the GBPUSD pair surpassing 1.2750 for the first time in two months.
Notwithstanding its robust commencement to the week, the Pound Sterling encountered challenges in the face of a resurging US Dollar, ultimately accumulating moderate gains and perpetuating the preceding week's ascent.
The central theme of this week was the diminishing anticipation of interest rate cuts by the Federal Reserve (Fed) and the Bank of England (BoE). This was partially mitigated by renewed demand for the US Dollar, which tempered optimism surrounding the British Pound.
As expectations of a June rate cut by the BoE were dampened by the delayed decline in UK inflation, GBPUSD reached a two-month high of 1.2762. In contrast, cautious remarks from Fed officials and ardent sentiments expressed in the minutes of the May Fed meeting countered expectations of aggressive rate cuts, reviving demand for the US Dollar and instigating a decline in the GBPUSD pair.
In April, the ONS reported a monthly decline in retail sales of 2.3%, compared to expectations of -0.4% and March's -0.2%. Notwithstanding this, the Pound Sterling managed to maintain its value above 1.2700, as the USD was unable to sustain its strength heading into the weekend due to improving risk sentiment.
In the daily chart of GBP/USD, the recent price showed a buying pressure above the dynamic 20-day EMA line. Moreover, the rising RSI line above the 50.00 level with a confluence of bullish pressure from the 100 day SMA could extend the gain towards the 1.2828 resistance level.
However, a failure to break this line with a daily close below the 20 DMA could initiate a downside correction.
AMD caching the knife for desperate
down turn is drying out
price has reached the fair value
this week all the optimists from last week were scared
sentiment is good
today or monday I want to see a Wyckoff reversal
I suggest to build up position in range 144,5$ - 140$
SL as on chart
Exit probably 180$ somewhere, where the bitch scared me out of my down position
Earnings Strength before Slight PullbackHello everyone, happy Monday. Here I am presenting my idea of a strong bullish continuation by NASDAQ:AMD going into tomorrow's earnings. Despite the already strong momentum upwards, I believe we see further buying action after tomorrow's earnings into the lower $200s along with strong buying action across broader tech in $PYTH:QQQ. I believe both these securities will top out short-term in the upcoming 4-6 weeks before a brief pullback to the $149 price point before a further continuation upwards.
Position: Shares (added between 2018-2020); holding long-term.
Please let me know your thoughts and feedback and happy trading!
AMD Bull PennantAMD is coiling ahead of NVDA earnings. I see it as a bullish pattern, but it can break either way. I like playing AMD calls over NVDA if I want exposure to NVDA earnings, but I would only do it with small size. Could also be a good day trade tomorrow if we run up into close, don't have to hold overnight.
AMD soon to break resistanceNASDAQ:AMD is dealing with the 100 and 50 SMA as resistance. A bit more sides ways consolidation and I believe it can break it. Support at $159.67 to fill gap along with rsi making a higher low.
inverse head and shoulders AMDAMD's inverted head and shoulders pattern indicates a possible shift in market trends, but only time will tell. Furthermore, investors are eagerly awaiting the upcoming NVDA earnings report, which could fuel further speculation in the stock market.
NASDAQ:AMD
AMD triangle forming do we break up or down?NASDAQ:AMD Could go either way as we head into NASDAQ:NVDA earnings later this week.
$AMD Rebalance/Retracement COMPLETE?I believe this is just a retracement that we're at the tail end of. The parabolic upside moves have been rebalanced and expect a continuation back up here @ some value. +EV
AMD - Long Calls - Then Short.Talking to some others like Nic pantano on Twitter, this seems like a viable path?
Taking calls to liquidity zone, then may aputs to demand zone below.
AMD GOING UP TO 169 ? NASDAQ:AMD 169 TP THIS WEEK ?
6 REASONS WHY
Strong Financial Performance: AMD's financial performance has been a significant contributor to its stock price surge.
The company's earnings per share (EPS) and forward dividend & yield figures have shown considerable improvement, reflecting a robust financial health that has instilled confidence in investors.
Superior Product Offerings: AMD's product portfolio is another reason for its success. The company offers a diverse range of microprocessors, graphics processing units (GPUs), and other semiconductor products that cater to a wide range of industries.
This versatility has allowed AMD to tap into multiple markets, driving its revenue and stock price upwards.
Market Share Gains: AMD has been steadily gaining market share from its competitors, particularly in the high-growth sectors of data centers and AI chips. The company's innovative products and competitive pricing have enabled it to outperform its rivals, leading to an increase in its market share.
Positive Market Sentiment: The overall positive market sentiment towards the semiconductor industry has also played a role in AMD's rally. As the demand for semiconductor products continues to grow, driven by emerging technologies like AI, IoT, and 5G, companies like AMD are well-positioned to benefit from this trend.
Strategic Partnerships and Collaborations: AMD's strategic partnerships and collaborations with other leading technology companies have also contributed to its success. These partnerships have allowed AMD to leverage its partners' resources and expertise to develop innovative products and expand its market reach.
Effective Management: Finally, AMD's management team has been instrumental in driving the company's success. Under their leadership, AMD has successfully navigated the challenges of the semiconductor industry, positioning the company for long-term growth.
EDUCATIONAL POST - AMD Short IdeaAMD breaking below critical support.
- EDUCATIONAL POST -
This is a POTENTIAL Trade Setup , an example of what I will usually do, wait for a break of the area, usually price has broken too sharply past said area to make a decent trade, placing an Entry at the 3:1 Minimum R:R Ratio, inside of a Bracket order, so when my entry is triggered, one ALREADY has they're Stop Losses and Targets set, in the event that one couldn't check their trades.
I will also usually split my entries into 1/3rds or 1/4ths inside of the Stop Loss Zone (Colored Yellow instead of Red for this reason), as being averaged into the price like that not only helps mitigate one's losses, but if the trade works, will also, increase gains, earlier & faster Target Entries.
This trade idea comes from how the XLK looks right now, will start examining TECH stocks closer.
AMD: Positioned for Growth with Strong Product Pipeline and StraSummary:
Advanced Micro Devices (AMD) is currently demonstrating a strong bullish outlook, driven by several key factors that make it a compelling investment opportunity for 2024.
Product Launches:
Ryzen 8000G Series: AMD has introduced the Ryzen 8000G Series desktop processors, featuring advanced AI capabilities with Ryzen AI and the Zen 4 architecture. These processors target gamers and content creators, offering significant performance improvements and efficiency (AMD).
Strix Point Ryzen Processors: Set to launch soon, these processors will incorporate Zen 5 CPU and RDNA 3+ GPU architectures, enhancing overall performance and efficiency (www.guru3d.com).
Competitive Positioning:
AMD continues to position itself as a strong competitor to Nvidia, particularly in the AI and data center segments. The upcoming MI300 chips are projected to contribute significantly to AMD's revenue in 2024, with estimates suggesting a $2 billion impact from these markets (Nasdaq).
The new Radeon RX 7600 XT graphics card, which competes with Nvidia's RTX 4060 series, aims to bridge performance and pricing gaps, potentially boosting AMD's market share in the graphics card segment (Nasdaq).
Strategic Partnerships:
Strengthened partnerships with major companies like Microsoft and Meta provide additional confidence and stability to AMD's market position. These collaborations are expected to enhance AMD's presence in the AI and data center markets (Nasdaq).
Investment Opportunity:
AMD Jun 28, 2024, $160 Call Option
Current Price: $164.39
Strike Price: $160
Last Price: $12.25
Breakeven Price: $171.90
Expiration Date: June 28, 2024
Potential Return: 62.45% if AMD reaches $179.90 by the expiration date
Key Points:
Product Launches: New processors and GPUs enhancing performance and efficiency.
Competitive Position: Strong presence in AI and data center markets.
Strategic Partnerships: Collaborations with Microsoft and Meta.
Investment Strategy: AMD Jun 28, 2024, $160 Call option with a potential 62.45% return.
Sources:
Nasdaq
InvestorPlace
AMD News
Advanced Micro Devices IncorporatedI can provide a technical analysis of AMD based on the provided data. Here's a brief analysis:
*Current Situation:*
AMD is currently trading at $164.49, slightly below the short-term resistance level of $164.64.
*Recent Trends:*
- The stock was oversold on May 1st, 2024, with a support level of $157.30, indicating a potential bounce.
- The stock was overbought on May 17th, 2024, with a resistance level of $164.86, suggesting a possible pullback.
*Short-term Outlook:*
- The short-term support level of $162.43 may be tested if the stock continues to decline.
- A breakout above the short-term resistance level of $164.64 could indicate a continued uptrend.
*Conclusion:*
AMD is currently in a consolidation phase, trading between short-term support and resistance levels. A breakout or breakdown from this range could indicate the next directional move.
Please note that this analysis is based on a limited dataset and should not be considered as investment advice. Technical analysis is just one aspect of evaluating a stock's potential, and other factors like fundamental analysis, market conditions, and risk management should also be considered.
AMD LONG
It sounds like you're referencing concepts that are related to market phases or trading patterns, particularly in the context of Information and Communication Technology (ICT). In financial trading, "Accumulation," "Manipulation," and "Distribution" are terms used to describe different stages of market behavior, often observed through the lens of technical analysis. These terms might also apply in a broader sense to various resources or commodities within the ICT sector.
Accumulation: This phase occurs when investors start buying into or accumulating a stock, commodity, or asset, often quietly and over a period when prices are relatively low and stable. In the context of ICT, this could refer to companies or individuals acquiring technology assets, intellectual properties, or even startups.
Manipulation: This can sometimes occur in markets where certain participants have enough power or influence to temporarily control the price movements to their advantage, often to accumulate more at lower prices or prepare for selling at higher prices. In ICT, manipulation might relate to altering information flow or access in a way that benefits certain stakeholders disproportionately (e.g., controlling network access or data flow to benefit specific services or products).
Distribution: After accumulation, the distribution phase is where the accumulated stocks or assets are sold off to the public or other investors at higher prices. In ICT, this could involve the rollout or scaling of technology solutions and platforms after their initial development and acquisition phase.
In trading and investment, these terms form part of a cycle that analysts and traders observe to predict price movements and make decisions. Applying these concepts to ICT could involve understanding how products, services, or innovations move from development to widespread adoption, how market power is exercised, and how these dynamics affect competition and market health.
If you are looking into how these phases apply specifically within ICT sectors like software, hardware, or telecommunications, it involves looking at investment trends, regulatory impacts, market entry strategies, and competitive dynamics. If you need more detailed analysis or a specific industry example, feel free to ask!
AMD(Elliott Waves)Hello friends
In AMD share, we see the formation of a pattern in the form of 123 or ABC.
But due to the breaking of the $162 range, which was a static resistance, and a pullback to it, the formation of an impulse pattern seems more likely.
Therefore, assuming a 5-wave scenario, probably the 4th wave has ended and the 5th microwave has started from the 5th.
Therefore, we expect the share price to grow to the range of $184.
But if the support of $162 is lost and pullback is made, and in fact the failure is a fake breakout, the zigzag pattern scenario is correct, which is less likely, and we will expect the price to drop to the $150 range.
To support me, I recommend that you install Trading View software on your phone and see my analysis and support me with your comments and Boost.
Be successful and profitable.
$AMD GAVE YALL 13% BOOMInitial plan played out well and was posted before
DO NOT SLEEP ON THE POWER OF OUTSIDE BARS!
Microsoft to Use Cloud Customers AMD's AI Chips in Place of NVDAMicrosoft plans to offer cloud computing customers AMD's AI chips as an alternative to Nvidia's H100 family of powerful graphics processing units (GPUs). Details will be provided at Microsoft's Build developer conference next week. Microsoft's clusters of Advanced Micro Devices' ( NASDAQ:AMD ) flagship MI300X AI chips will be sold through its Azure cloud computing service.
These chips are powerful enough to train and run large AI models, and NASDAQ:AMD expects $4 billion in AI chip revenue this year. Microsoft's cloud computing unit also sells access to its own in-house AI chips called Maia. The Cobalt 100 processors, which Microsoft plans to preview next week, offer 40% better performance than other processors based on Arm Holdings' technology.
Snowflake and others have begun using them. The Cobalt chips are being tested to power Teams, Microsoft's messaging tool for businesses, and are positioned to compete with Amazon.com's in-house Graviton CPUs.
Technical Outlook
Advance Micro Devices (AMD) stock is up 2.1% on Friday's early market trading with the daily chart depicting a resurgence in price due to the bullish flag pattern formed. Further accentuating the bullish trend is the "Three White soldier" pattern which is a bullish reversal pattern that occurs after a falling wedge or downtrend, it signifies bullish takeover.
AMD - a 1HR TF short The last hour ended with doji while on hourly TF the price formed a butterfly. would consider as a short-term trade to short from 168 with a target 160-161, stop at 171.
(this is a replacement of an earlier idea, as the stock didn't reach 143-145 target and bounced
AMD ,,, WatchingIn an overview, I see a trend and correction that finished at 50-61.8 Fib Ret. It is coming back to new uptrend and in my idea it will start after passing of 165 level. Next targets has been shown in chart. If triggered, set a sure SL for your trading.
