i'm just going to give you guys some ta info on amd- as i haven't been well for about a week now! so, this is all i'll tell you (as i don't know if i will be online next week)- so here it is:
the dividing line of amd being in an "uptrend" vs a "downtrend" is the price point of around $12.80 to 12.99. so, amd should go up next week (or the week after) to at least "test" its current "downtrend" it started this week- the downtrend is on the longer term chart of the "weekly" chart!
so, if amd cannot get above its dividing line downtrend price of 12.80 to 12.99 (get above it and stay above it on pullbacks), then it means that amd is in a downtrend (on the weekly chart) until it can get itself back into an uptrend!
the bottom price of the weekly chart as of today is $8.59 - and there is a gap to fill at $8.64 that occurred last december!
i've always maintained that the only way the gaps at $8s , $7s, and $6s, get filled are "if" amd is in a downtrend (meaning, on the weekly chart). so, if amd maintains this current downtrend, then it can conceivably get those gaps filled in the coming weeks! i don't know if it will go that low- but the price target of the bear flag on the daily chart is in the $10s (around 10.60s)- and there is an unfilled gap in the 10s too- at 10.18!
there is strong support at 10!! and in the 9s too- at 9.85 and at 9.42!
the dividing line of being in an uptrend vs a downtrend on the DAILY chart is as of today: 13.20s! hence why i stated earlier this week that amd should go up to 12.80s to 13.20s (somewhere in there) after it gets to 11.80s!
i didn't think support at 11.80s would break- but despite that, amd should go up next week or the week after to the 12s again and test its downtrend price of the "weekly" chart!
december is normally a great up month for amd!! and the up moves normally take place starting around mid november!!
they have bought calls for january expiry about 2 weeks ago for $16 strike price! so, that bodes well for a good december for amd!
nvda reports earnings in november- and in the past, amd has acted the same as nvda acts on the day after nvda has reported its earnings in after hours! so, watch on earnings day of nvda to see what nvda does on its earnings announcement- because if nvda misses and goes down, then amd will go down with it too! and if nvda goes up, then so will amd!
support on the monthly chart of amd is around 10.00 too!
so, that's basically all i can tell you on this!
good luck!
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Die Dame betreibt bei AMD Charttechnik und hat vor dem Crash derzeit schon gewarnt, dass die Aktie fallen könnte.