AMD is quietly building momentum as a major AI contender, rivaling 
NVDA with its upcoming MI400 GPU series and strong Q2 guidance potential.
I'm watching this carefully for a medium-term swing with high reward potential based on both fundamental catalysts and technical structure.
🔍 Entry Points I'm Watching:
✅ $143 → Aggressive breakout entry if it clears $147.50 with strong volume
✅ $125 → Previous support + gap-fill zone from May
✅ $115 → Deep value zone near 200-day MA (if macro weakens)
🎯 Profit Targets:
• TP1: $160 – Key resistance & post-earnings reaction zone
• TP2: $176 – Melius Research target
• TP3: $200+ – ATH breakout potential if AI narrative extends into Q3
⚡ Catalysts to Watch:
• MI400 GPU launch in progress
• Q2 earnings (late July) – data center revenue in focus
• Sector momentum from
MU and NVDA
⚠️ Disclaimer: This is not financial advice. I am sharing my personal trading plan and analysis for educational and discussion purposes only. Always do your own research and consult with a financial advisor before making investment decisions
NVDA with its upcoming MI400 GPU series and strong Q2 guidance potential.I'm watching this carefully for a medium-term swing with high reward potential based on both fundamental catalysts and technical structure.
🔍 Entry Points I'm Watching:
✅ $143 → Aggressive breakout entry if it clears $147.50 with strong volume
✅ $125 → Previous support + gap-fill zone from May
✅ $115 → Deep value zone near 200-day MA (if macro weakens)
🎯 Profit Targets:
• TP1: $160 – Key resistance & post-earnings reaction zone
• TP2: $176 – Melius Research target
• TP3: $200+ – ATH breakout potential if AI narrative extends into Q3
⚡ Catalysts to Watch:
• MI400 GPU launch in progress
• Q2 earnings (late July) – data center revenue in focus
• Sector momentum from
MU and NVDA⚠️ Disclaimer: This is not financial advice. I am sharing my personal trading plan and analysis for educational and discussion purposes only. Always do your own research and consult with a financial advisor before making investment decisions
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.