FIb retraction from low of 92 to high of 226.7 - 50% retraction at 161.8 Wait for conformation above 177 - aim for extension of up move to 266
After seeing NVidia's reaction to there event, SMCI falling and a dead cat bounce. I truly have high hopes for AMD, BUT as we see in the volume profile levels there are gaps to be filled on the downside. But, another thing to take into consideration is the chips act is awarding grants and loans to these companies now. Good news could be the only thing that makes...
AMD - Head & Shoulder breaking down? Ai is slowing down?
Anybody could explain to me how to avoid a take profit order being filled on tops of wicks ? In this example I'm backtesting AMD gettex whole history. First of all I think this 900% wick is erroneous data. Then, I activated the option "After order is filled" and I'm backtesting the 1W timeframe. This bug gets triggered often on stop sell orders. I think I...
Go LONG. Price surge after price concentration. 4 tiny narrow bars.
As of 10 April 2024, AMD PE ratio is at 334. It had a long failed upward candle on 8 March 2024. Downside till 95 dollars.
AMD is bearish on its 1D technical outlook (RSI = 39.240, MACD = -3.040, ADX = 37.221) as it got heavily rejected on the 1D MA50 last week. Nonetheless, it is close not only to completing the -28.56% decline, which is the maximum fall it has had since the October 13th 2022 bottom, but also near the S1 level (162.00), which is February's low. The chart shows that...
After an impulse move down, AMD is showing balance at a key level. A move away from this area should be violent. Wait on the break and hold to enter.
NASDAQ:AMD is currently forming a H&S pattern on the weekly chart. I think the price will continue to chop in the right shoulder range until earnings, at which point the price will begin its decent to the lower extremity of the weekly Zig Zag Channel ($140 range). In the meantime, I am watching the Value Area H&L levels shown on the Anchored Volume Delta...
AMD Long target 27 fib, EMA 200 and SMA 200 confluence zone
... looks like the price wants to reach for the pigs sitting in 30-jan and 21-feb at 163$ because the range 25-jan to 28-feb was full of guys for down and the move 29-feb was played by the BigMoney in a lazy way so that many of you left in the places marked as PIG. Now the bears have been fucked, from 8-march we must take care of the bulls. The bulls can't...
I initiated a trade @ 185, as this appears to be the breakout of resistance. I have a short term target of 213 and longer of 230
NASDAQ:AMD AMD clear Head and shoulders pattern price filled gap and broke downside could see 150 - 145 Put Protection for positions or exit.
Ive been saying this since last week. Welp, there she goes. only will go lower from here til earnings
Could finish the trajectory by April 12th if bullish outlook continues. NASDAQ:AMD