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Showing posts with label AMD. Show all posts
Showing posts with label AMD. Show all posts

Thursday, 25 October 2018

Large Wave of AMD (NASDAQ: AMD): 25 October 2018, Thursday, 9.56pm Singapore Time

Large Wave of AMD (NASDAQ: AMD): 
25 October 2018, Thursday, 9.56pm Singapore Time
(Click on Technical Chart above to Expand)

Attached is the Technicals on the Large Wave of AMD for its long term bull market. Based on the Long Term Technical Price Structure of Pole-Flag-Pole with first light green pole in Relative-X, large bull flag in dark green and second light green pole measured in Relative-X, the price projection of AMD for its entire long term bull market wave can be determined at $120 per share. This will eventually hit an estimated market valuation of $159.49 billion (based on current projection) and may peak out from there. We are currently in extremely violent shakeout phase conducted by smart monies with agenda. $15-$19 represents re-accumulation zone. Large waves are for investors -- not for impatient traders. 


Tuesday, 4 September 2018

AMD Advanced Micro Devices (NASDAQ: AMD): 4 September 2018, Tuesday, 10.38pm Singapore Time


AMD Advanced Micro Devices (NASDAQ: AMD): 
4 September 2018, Tuesday, 10.38pm Singapore Time
(Click on Technical Chart above to Expand)

Attached is the technicals for AMD Advanced Micro Devices (NASDAQ: AMD). This is the kind of stock that will continue to do well without the protection of trade war and have icing on the cake with the protection of a trade war (protection of chips' IPs). Couple with AMD chips' breakthroughs and AMD's quest and progress to build chips that can beat Intel, this company is a winner. It has a high SCTR scoring and ranking within the industry since May 2018. On the back of this SCTR high scoring, it therefore rose from $10 to $26 in a shoort span of 4 months. Volume flow, as illustrated, is also bullish where smart money bulls are in firm control. AMD continues to be a trading buy/long at current price ($26.44), and will continue to go up indefinitely in the whole of 2019.