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AMD

AMD Short Call - A head and shoulder pattern AMD was forming a head and shoulder pattern which is started when it broke the resistance of $98 in Jun 2021 and till Apr 2022 it completed its pattern and it broke down made a low of $84 and again it retests its level of $98-$99 of resistance and came down. To become strong sell the rsi show close below 40 levels currently, it is at 41 levels. Sell below $90 levels Sl is $101 and the target is $74 - $60 and the final target is $36 levels. The time horizon is medium-term. Fundamentally the company has reported good numbers and being in the semiconductor industry it has demand still intact. But the chart is saying there is a lot of pain ahead. Overall the market sentiment is negative. So it can be under a lot of pressure. What are your thoughts guys??
NASDAQ:AMDShort
by sameerpanchal06
5
AMD possible retestFundamentals: AMD has some bullish news about their new GPU refresh lineup, so I decided to see if the chart matches. On top of that, their quarterly earnings report was very impressive to me. Technicals We have strong bullish divergence forming that I believe will take us to the trendline, if not higher. That is where I will take some profits and see if we can make a higher high after that to let the rest ride. It's also looking good from a liquidation screener standpoint, which I will post as an update. Entry: 95 Target 1: 105-110
NASDAQ:AMDLong
by PoorMemory
AMD - Has Correction Completed? AMD might be a challenger or a leader in some specific areas compared to the competitors like Intel and NVIDIA. But there is no doubt that it is one of few leaders in a semiconductor industry as a whole and it's here to stay. The question is - is time to buy the dip having a discount at nearly 50% from the historic high? Fundamental indicators: Revenue and Profits - consistent growth for the past 10 years Profit margin - the company is becoming more effective with a respectful 25% in 2021 P/E - although still overpriced with 54x ratio it has considerable reduced from circa 200 since 2019 Liabilities - no problems with debt Technical Analysis (Elliott Waves): According to the proposed scenario since the point when the current correction has started we have observed a circa 50% correction to wave 3 The rapid drop tells us that it is most likely to be an ABC pattern Wave A of this zigzag was an impulse, wave B formed as a running flat and the current choppy movement resembles an Ending Diagonal where waves 1-3 have already completed Wave 4 can be expected to be quite deep to wave 3 in the region of $116 and then to be followed by the final 5th wave drop to circa $80 to complete the whole corrective wave and start the new growth cycle Given the deficits in the semiconductor industry which is currently the main source for the expansion of world digital economies do you think AMD is soon to start the new bull run? What do you think about this idea? Please share your thoughts in the comments and like this idea if you would like to see more stocks analysed using Elliott Waves. Thanks
NASDAQ:AMDLong
by vitalalyt
2
$AAPL $AMD $SPY $QQQ I OptionsSwing WatchlistAAPL 1W I Last week we got a new low on AAPL. It is barely holding the uptrend on the monthly chart. Bearish below $150, bullish as long as the uptrend is held. AMD 1M I AMD is attempting to reclaim $100. The semiconductor industry is in a bear market, and unless AMD breaks from the downtrend we'll see more downside. QQQ 1D I QQQ managed to print a new low last week and closed down below $320. Below $315 QQQ looks bearish above it looks bullish. Overall the trend remains bearish. SPY 1D I We are seeing a double bottom on SPY near $405. Above $415 SPY looks bullish, below it looks bearish. Overall trend remains bearish.
NASDAQ:AAPLLong
by optionsswing
AMD Reports: Planning for Each ScenarioAMD reports after the close today and is expected to have strong revenues over last quarter. The chart patterns suggest some Pro Traders setting up ahead of the report. The question is how far can it rise on the retail reaction to the report? Where are the sellers? See the red lines. 124 is the strongest resistance for the short-term trend, but there are potential stalling levels on the way up as well. Earnings reactions can be a very short-lived event, so prepare to take profits when the pro traders do. They trade against retail.
NASDAQ:AMDEducation
by MarthaStokesCMT-TechniTrader
AMD: A Simple Swing Trade Setup in the Current Bearish Phase Since early 2022, AMD has entered into a bearish phase, consistently making lower lows. This gives us high probabilily swing trade opportunities because this stock has persistent trend. Our plan is very simple; we will simply wait for a pullback because we can clearly spot that AMD follows a well-defined pullback structure . It is important not to pick tops and bottoms if the price is in a trending environment. Currently, the price is in the bearish impulse stage, making a new lower low. We have no immediate trading action for now. Our road map is to enter sell positions from the retest of 102 level. We can observe from many occasions that several retests of previous key levels occurred before price reaching a new level. From 102 level, we will aim for the previous low.
NASDAQ:AMDShort
by NicoBeau_Capital
2