ADVANCED MICRO DEVICES (#AMD) weekly special report based on 1 Lot Calculation:
AMD: THE COMPANY
- AMD is a chipmaker itself. It is a company listed on the USA500 and USA100, making it an invaluable part of the indices market. According to hpcewire.com, the company is delving deeper into the AI world. For the first time, AMD announced the MI400 GPUs, which the company will release in 2026. AMD’s plans for 2024 include the MI325X GPU, followed by the 3-nanometer MI350 next year in 2025, with both based on HBM3E memory. The current series of MI300, which includes MI300X, MI300A, and Instinct MI300 are well positioned to compete with Nvidia’s H100, which has been in high demand among tech companies for a long time.
DONALD TRUMP’S POLICIES
- TUESDAY, JANUARY 21st 2025: US PRESIDENT DONALD TRUMP PRESENTED THE “STARGATE”, A $500 BILLION A.I. INVESTMENT THAT TEAMS UP ORACLE, OPENAI AND SOFTBANK: A new company called “Stargate” will be formed, to grow artificial intelligence infrastructure in the United States. The company will invest $100 billion in the project to start, with plans to pour up to $500 billion into Stargate in the coming years. Stargate is expected to create 100,000 US jobs, new AI data centers, and the physical and virtual infrastructure to power the next generation of AI.
EVENTS
- TUESDAY, FEBRUARY 4th 2025: Q4 EARNINGS RELEASE AFTERMARKET: AMD expects revenue to be approximately $7.5 billion. Net income is expected to be $1.78 billion. Revenue could see a growth rate of 11% compared to Q3 2024 and 22% compared to Q4 2023, while earning could see a rise of 123% compared to Q3 2024 and 156% compared to Q4 2023.
PRICE ACTION
- THE STOCK HAS TRADED AROUND 50% BELOW ITS ALL-TIME HIGH OF 227.20 (March 8, 2024). AMD was last trading around $117, and if a full recovery follows to recent all- time highs, the stock could see an upside of around 95%. However, the price could decline further.
- ANALYSTS OPINIONS: JP Morgan forecasts $180 Wells Fargo forecasts $165. Wedbush forecasts $150. Citigroup forecasts $175.
#AMD, January 30, 2025
Current Price: 117
AMD |
Weekly |
Trend direction |
|
190 |
|
160 |
|
130 |
|
107 |
|
100 |
|
95 |
Example of calculation based on weekly trend direction for 1 Lot1
AMD |
||||||
Pivot Points |
||||||
Profit or loss in $ |
73,000 |
43,000 |
13,000 |
-10,000 |
-17,000 |
-22,000 |
Profit or loss in €2 |
70,011 |
41,239 |
12,468 |
-9,591 |
-16,304 |
-21,099 |
Profit or loss in £2 |
58,582 |
34,507 |
10,432 |
-8,025 |
-13,642 |
-17,655 |
Profit or loss in C$2 |
105,204 |
61,970 |
18,735 |
-14,412 |
-24,500 |
-31,705 |
1. 1.00 lot is equivalent of 1000 units
2. Calculations for exchange rate used as of 10:00 (GMT) 30/01/2025
There is a possibility to use Stop-Loss and Take-Profit.
- You may wish to consider closing your position in profit, even if it is lower than suggested one.
- Trailing stop technique could protect the profit.