AMD (Advanced Micro Devices) has gapped down below the key 12.35 support level that I've been highlighting in recent weeks. With the 11.00 support level (60-minute chart) hit & the stock near-term oversold, we could see a bounce back towards the 12.35 level before the next leg down to the 9.30ish support level/target. Below are [...]
Member @gonewiththewind requested an update on AMD (Advanced Micro Devices) within the trading room. As there has been a lot of interest in AMD in recent months, I figured that I'd post my thoughts on this runaway freight train semiconductor stock for those that are also following it. AMD is still inside the large bearish [...]
The outlook for the semiconductor sector via analysis of the three main semiconductor ETFs: SMH, XSD & SOXX as well as the individual semiconductor stock holdings within SMH. Although AMD is not a component of SMH, I did cover the stock starting at the 5:45 mark as I've received several inquiries on it in the [...]
This video starts with analysis on gold, silver, platinum & GDX, followed by coverage of the US stock market (via SPY, QQQ & IWM) various sectors & some of the recent trade ideas posted on Right Side Of The Chart.
The AMD (Advanced Micro Devices) Active Short Trade has hit the first target, 9.82, with a low of 9.81 so far today for a gain of 12.2% in exactly 2 weeks since entry. Consider booking partial or full profits and/or lowering your stop if holding out T2 or T3 (additional targets may still be added). [...]
The following notes & chart outline the entry criteria for a swing trade in AMD, Advanced Micro Devices along with price targets & suggested stops.
The semiconductors still appear to be one of the most promising sectors for a swing short as we head into 2017 as shown by the large bearish rising wedge pattern, confirmed with negative divergences, on this daily chart of SMH (semiconductor ETF). SMH daily Dec 28th Zooming down to the 60-minute time frames [...]