Technical Analysis for AMD 9/8------Pre-Market | Reddit — r/AMD_Stock Ideas & AI Summary

AI Summary

{"summary": "Author describes a seasonality-based long trade in AMD, having bought 50 shares on a dip below $450 and now holding for a move above $500 to break a flag pattern.", "reason": "The author provides a directional investment judgment based on technical analysis (seasonality, support levels, volume, and EMA) for AMD.", "ideas": [{"symbol": "AMD", "direction": "long", "thesis": "The author is positioning long AMD for a September/October/November seasonality trade, having bought 50 shares on Thursday when price dipped below $450 and recovered, citing clear support at that level. He notes Friday's volume spike as returning action and pre-market strength above the 50-day EMA as confirmation, with the next level to break being $500 to escape a forming flag. He plans to hold rather than trim, with the main risk being that the trade peters out if it fails to clear the 50-day EMA and $500.", "thesis_short": "Long AMD seasonality trade, target $500 breakout", "quote": "I have been waiting for a seasonality trade for the September/October/November period for months now. And we got what could be the beginning of the trade potentially forming on the weekend and might be looking at confirmation today.", "confidence": 0.8, "sentiment": 0.6, "timeframe": "September/October/November seasonality"}], "model": "gemini-3.1-flash-lite", "verified": true, "extraction_model": "deepseek-v4-flash"}

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Technical Analysis for AMD 9/8------Pre-Market

Okay so if you have been reading these posts for any length of time you know that I have been waiting for a seasonality trade for the September/October/November period for months now.  And we got what could be the beginning of the trade potentially forming on the weekend and might be looking at confirmation today.  So lets talk about it:

\-Yes I bought on Thursday but nothing super great.  I was very happy to see multiple days of $450 holding last week and seeing it be bought up.  There was clear support so I did have a trigger order listed for dips below $450.  We got it on Thursday where we dipped below and recovered.  I didn't get everything that I wanted but I did pick up 50 shares.  It is crazy bc I used to when making these trades buy like 700-800 shares but hey prices are what prices are these days lol.  

\-Friday we saw a recovery on Friday and it stopped out right at that 50 day EMA which made me a little concerned that this trade might be petering out and I was early.  I went into the weekend thinking of trimming that 50 shares and take some profits immediately just incase it collapses from here.  But taking a look at the chart this morning with fresh eyes and being well rested I have noticed that our volume spiked on Friday.  so there was FINALLY some action returning to AMD which is a good place for us to be.  

\-Today we are set pre-market to continue this rally above the 50 day EMA which takes off some of the shackles so I'm going to let this run for now.  I'm not selling any today and we will have to see if we can move it further

For me I'm looking at the next level we need to get above this week is above that $500 level to break above this flag that is forming.  

\*\*\*\*Fun little automation you will see on my chart for a couple weeks now is that the green lines.  That is an auto flag function I found inside ToS which is helping me see some flags forming.  Its not perfect but jut a little helpful tool.  but as it gets more data you will see it swing from positive to negative as it moves further down the line and finds new anchor points\*\*\*\*\*