AMD Inc. weekly uptrend opportunity based On 1.00 Lot Calculation:
- AMD Inc. is a major and renowned manufacturer of computer chipsets, graphic cards and microprocessors.
- AMD Inc. stock price has fallen more than 7.00% since it hit a fresh all time high of $99.16 on January 11, 2021. AMD Inc. stock traded last slightly above the mark of $90.0.
- AMD Inc. will announce its quarter four (Q4) financial results on January 26, 2021 (Aftermarket).
- AMD Inc. has beaten revenue expectations 6 out of the last 8 times and earnings per share 6 out of the last 8 times.
- AMD Inc. is expected to report Q4 2020 earnings per share (EPS) of $0.46 and revenue of $3.021 billion. That is compared to Q3 2020 EPS of $0.41 and revenue of $2.081 billion. AMD Inc. reported a revenue figure of $2.13 billion in Q4 2019 along with EPS of $0.28.
AMD Inc., January 22, 2021
Current Price: 92.00
AMD Inc. |
Weekly |
Trend direction |
|
110.00 |
|
105.00 |
|
98.00 |
|
86.50 |
|
80.00 |
|
75.00 |
Example of calculation base on weekly trend direction for 1.00 Lot*
AMD Inc. |
||||||
Pivot Points |
||||||
Profit or loss in $ |
18,000.00 |
13,000.00 |
6,000.00 |
-5,500.00 |
-12,000.00 |
-17,000.00 |
Profit or loss in €** |
14,787.55 |
10,679.90 |
4,929.18 |
-4,518.42 |
-9,858.37 |
-13,966.02 |
Profit or loss in £** |
13,180.63 |
9,519.35 |
4,393.54 |
-4,027.42 |
-8,787.09 |
-12,448.38 |
Profit or loss in C$** |
22,858.74 |
16,509.09 |
7,619.58 |
-6,984.62 |
-15,239.16 |
-21,588.81 |
* 1.00 lot is equivalent of 1000 units
** Calculations for exchange rate used as of 10:00 a.m. (GMT) 22/01/2021
Fortrade recommends the use of Stop-Loss and Take-Profit, please speak to your Senior Account Manager regarding their use.
*** You may wish to consider closing your position in profit, even if it is lower than suggested one
**** Trailing stop technique can protect the profit – Ask your Senior Account Manager for more details