Advancedmicrodevicessignals — Trading Ideas on TradingView

AMD a great stock to have in your portfolio to the end of year Last time we looked at the Advanced Micro Devices (AMD), we made a short-term call (June 20, see chart below) at the bottom of the Bull Flag, with the price responding flawlessly, and is currently on its way for a Higher High on our $190.0 Target: Before that, it was on May 15 (see chart below) where we called for a buy exactly at the bottom of the cyclical correction/ Bearish Leg of the 2-year Channel Up: Just a quick reminder, it was back in March when we waved the strongest 1W sell signal on AMD and it surgically delivered (chart below): In any event, back to today, the price has just broken above the 1D MA100 (green trend-line) and established the last two trading sessions there. With the 1D RSI approaching the 70.00 overboughr barrier, we are on the exact same level that AMD was during both previous Bullish Legs (circle). This suggests that we are only at the very start of the new Bullish Leg and based on the Sine Waves, it should start peaking end of December - start of January 2025. We are moving our long-term Target higher to $320.00. ------------------------------------------------------------------------------- As you see, we couldn't have gotten a more efficient long-term buy entry than that and the stock has basically confirmed the start of the new uptrend/ Bullish Leg ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇

AMD broke above the 3-week Bull Flag. Major buy signal!On March 13 (see chart below) we issued a major sell signal on Advanced Micro Devices (AMD), as we saw the stock topping at the top (Higher Highs trend-line) of its 2-year Channel Up: Our projection was materialized as the price corrected significantly by -37% and has almost reached the 1W MA50 (blue trend-line), which was the level that held, formed the latest Higher Low of the Channel Up and made us give a new long-term buy signal a month ago (while also the 1W RSI reached the symmetrical Support level of the October 2023 bottom (45.50)). Today the buy sentiment got stronger than ever as AMD not only broke above the 4H MA50 (blue trend-line) but also above the giant Bull Flag pattern that started on the May 28 High. With the 1D MACD about to form a Bullish Cross, a very strong long-term buy signal emerges that call for a new Bullish Leg similar to at least the May 02 - 28 one. If the prevailing structure is a Channel Up then expect a +23.65% rise, which puts our Target at $190.00 (just below the 1.5 Fibonacci extension). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇

AMD Has it finally topped? Short-term sell in order?Advanced Micro Devices (AMD) has been rising non-stop giving us excellent pull-back buy opportunities since our December 12 2023 analysis (see chart below): This time however it has gone as close to the top of the 18-month Channel Up as it has been since the beginning and is printing the same peak pattern it has formed during all previous Higher High formations. In addition, the 1D RSI is on Lower Highs that just broke below the Higher Lows and that has been the Sell Signal during the previous three occurrences. We are targeting a minimum of -19.38% decline such as on the June 26 2023 Low. If the 1D MA100 (green trend-line) breaks, we will open another one to target the 1D MA200 (orange trend-line) and 0.382 Fibonacci Channel level at 130.00, which will represent a -29.77% drop, being the total decline on the October 26 2023 Low. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇

AMD A great long-term buy. First Bullish Cross after 1 year!Advanced Micro Devices (AMD) rose on its most aggressive 1W green candle last week since May 22, as it tested and closed above the 1W MA50 (blue trend-line), which is the long-term Support. This MA level was also tested and held on the week of May 01, which shows that the market has a clear buy zone, despite at times the not so encouraging macro-economics. Last week's rise also broke above the 5-month Channel Down, which puts it back as a long-term Bull Flag, as it also held the Higher Lows Zone from the October 2022 market bottom. Perhaps the most important development is the emergence of a Bullish Cross on the 1W MACD, the first since November 14 2022, essentially after a whole year. The minimum rise of AMD's bullish legs since then was +35.24% so we expect this to be fulfilled at $126.00 and then buy the pull-back on the 1D MA50 (red trend-line). With that, we will target $133.15 (Resistance 1). That bullish leg has the potential to test the $164.85 All Time High (ATH) and we will buy it if we close a 1W candle above Resistance 1. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇