AMD - Advanced Micro Devices, Inc

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by Stockaholic, Mar 31, 2016.

  1. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    Not a good set-up for me yet. It broke above the downtrend channel, morphing into a trading range (TR) but since supply is in the background (the downtrend) it needs to prove to me that demand is present in the right-hand side of the TR (right of the secondary test (ST)). This morning, it tested that axis line and the selling climax (SC) bar on lighter volume and then went up to find willing sellers, but got stalled at the top of the TR. It could be absorption (CM absorbing sellers) but since it needs to show demand and the low volume does not show strong demand, I think it is a case of lack of demand and phase B of the TR will continue and it will test lower. Since supply is in the background it can just drift lower. However if it tests lower with some sort of capitulating stopping action or the supply dies on the vine, then I'm in, or I'm wrong, whatever, there's always another trade.

    30-minute bars:
    upload_2021-8-11_23-12-40.png

    More on this here:
    https://stockaholics.net/threads/a-wyckoff-student-notebook.804/page-55#post-156531
     
    #2541 Onepoint272, Aug 12, 2021
    Last edited: Aug 12, 2021
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  2. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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  3. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    Stopped out of initial position of AMD. Waiting for a test and spring of the Aug 10th swing low to try again.
     
  4. StockJock-e

    StockJock-e Brew Master
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    This was $100 last month.. closing in on $150 now!
     
  5. rolexian

    rolexian Member

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    Yeah, it's pretty insane. Seems tied to the crypto insantiy.
     
  6. andyvds

    andyvds Active Member

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    Sorry, got it wrong - must be 1 year...
     
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  7. StockJock-e

    StockJock-e Brew Master
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    From 100 to 130 on a bounce, is this the rebound ready to take hold?
     
  8. StockJock-e

    StockJock-e Brew Master
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    Bounced off the $110 area.

    GPU makers are still in a sweet spot, supply of chips being the only constraint as GPUs still getting top shelf prices way above MRSP in all stores.

    NVDA same.
     
  9. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    AMD has been getting a lot of volume this month, and managing to hold above last month's low.
    [​IMG]
     
  10. TomB16

    TomB16 Well-Known Member

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    AMD has some strong kung fu with their Zen 4 architecture. This is a significant step forward.

    Their mid term success will revolve around how aggressively they price Zen 4 parts.

    Personally, I think there is more up side with DDR5 RAM manufacturers, now that it's a whole new ballgame.
     
    #2550 TomB16, May 20, 2022
    Last edited: May 20, 2022
  11. rolexian

    rolexian Member

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    Seems like this is true for the industry in general...too vital and too much pricing power for it to be otherwise.
     
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  12. StockJock-e

    StockJock-e Brew Master
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    There are so many gamers who have been waiting for 2yrs now to get some reasonable prices on GPUs, sales are going to be good unless inflation keeps being bad.
     
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  13. StockJock-e

    StockJock-e Brew Master
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    Nice continued move here
     
  14. StockJock-e

    StockJock-e Brew Master
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    Another down leg, lets see if it makes a higher low.
     
  15. ddebrazza

    ddebrazza Active Member

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    I actually added AMD to my "Watch," list on Friday. I like them as a long-term play.

    I am sticking with my current strategy which is to keep all my chips off the table right now except the occasional day-trade. With things the way they are, I am really not holding anything longer than 24-48 hours
     
  16. StockJock-e

    StockJock-e Brew Master
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    Some nice offerings on the GPU side coming, but obviously not exciting enough for investors.
     
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  17. StockJock-e

    StockJock-e Brew Master
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    I like the look of this chart on the daily, and all the new offerings in the pipeline.
     
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  18. StockJock-e

    StockJock-e Brew Master
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    Nice move here.

    There are some nice price cuts coming to existing AMD CPUs this month, and the news chips are looking amazing!
     
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  19. TomB16

    TomB16 Well-Known Member

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    Is anyone concerned about Google getting into the server CPU space in a year or two?

    I don't know if Google will sell servers retail but even just losing the Google server allocations from server chip sales will be a bit of a hit.

    I suspect this isn't existential but something to keep an eye on. Opinions?
     
  20. TomB16

    TomB16 Well-Known Member

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    I will mention that AMD dominates mind share in Southeast Asia. We have been floating around this area for a while and all we see at computer fairs, stores, malls, etc. is AMD signage. At electronics malls, the laptops are almost exclusively AMD. It was that way in Japan, Malaysia, and Singapore. I don't know about Hong Kong, yet....
     
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