Tag: AMD
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AMD Intraday, Down Market, Rate Announcement on Wednesday, Jan 31, 2024
Market opened down. Major earnings announcements all getting punished. Fed announces rates to stay. Market stayed red. Indexes down more than usual. AMD Daily Chart Open down in lower range of 7 market days back. Green bar. Channel breaks down. AMD 15 Minute Chart Earnings dip overnight. Price far from 200 SMA. Price bounced to…
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AMD Intraday, Upward Market on Monday, Jan 29, 2024
Market shot higher a little over an hour before the market closed. AMD Daily Chart Red bar but rejection of low in upward channel. AMD 15 Minute Chart Low intraday range, chopping VWAP. Initial shot down but overnight range was a magnet. Low was a measured move from the intraday high to overnight low. AMD…
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Flat Upward Market, Watching AMD, AXP, MSFT, TSLA, on Friday, Jan 26, 2024
Inflation indicator had a good reading. Tech layoffs continue. AXP gave good guidance. AMD bounced up from an overnight pullback. AMD and MSFT showed support on the 15-minute 200 SMA. TSLA still weak. Strategy Long only. Buy under the 15-minute 200 SMA if 200 SMA is going up. AMD, MSFT. Gapping dividend stocks, upward 200…
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AMD, Upward Channel, IBM Does AI Now, TSLA Eats It, on Thursday, Jan 25, 2024
IBM joined the AI hype club. $175 to $200. TSLA got wrecked by a bad earnings call. EV outlook is faltering. I traded a morning pop. Getting pushed away from this one since I’m only long in this market, and the stock broke a major price downward. More layoffs but bigger GDP. Dying middle class…
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AMD Intraday Price Action, Relaxing From Prior Day High, on Monday, Jan 22, 2024
Since my last post a week ago, it appears AMD has taken the crown from TSLA for the highest volume with the best ATR. TSLA continues downward. Unfortunately my bias is long. Given the circumstances, I will switch to covering AMD. The Market The market is at all time highs but is resting a bit…