Trading Thesis: Silicon Whiplash – AMD Coiling for a Re-LaunchAdvanced Micro Devices, Inc.BATS:AMDWavervanir_International_LLC🧠 Trading Thesis: “Silicon Whiplash – AMD Coiling for a Re-Launch to $164+?” 📉 Ticker: AMD 🗓️ Timeframe: Daily (1D) 📍 Current Price: $144.42 📈 Fibonacci Expansion Target: $164.54 (1.236 extension), $174.98 (1.382 extension) 📉 Support Zone: $120.78 🔭 Play Duration: 2–4 weeks (event-based structure) 🔍 WaverVanir Thesis Advanced Micro Devices (AMD) is presenting a high-conviction pullback-to-launchpad setup. After reaching the $147.75 resistance (1.0 Fib extension), AMD has begun carving out a potential W-pattern reaccumulation that could send it to $164.54+. This setup aligns with AI infrastructure momentum and strong GPU/CPU roadmap tailwinds into Q3. ⚡ Catalyst Radar 🚀 MI300 AI GPU Rollout: Recent guidance confirms massive momentum in AMD's data center AI segment, expected to double in Q3. MI300X is gaining traction in the hyperscaler race (vs. NVDA). 💰 AI Arms Race: AMD is aggressively capturing GPU demand in sovereign AI, defense compute, and private AI stack builders (OpenAI, Anthropic, Meta). 📅 Earnings Catalyst: Next report in early August. Expect YoY revenue growth rebound + margin guidance upgrade. 📐 Technical Blueprint 📉 Support Zone: $120.78 (Golden Pocket reversion area) 📊 Pullback Scenario: If price rejects from $147.75 again, a W-pattern retrace to $124–121 would offer a prime long entry. 📈 Upside Targets: Target 1: $164.54 (1.236 Fib extension) Target 2: $174.98 (1.382 extension) 🔍 WaverVanir DSS Signal The DSS signal model confirms: Smart Money Concepts (SMC) bullish orderblock was reclaimed at $115 Volume profile shows breakout from low-volume node — setting up for a clean sweep to higher liquidity zones Momentum divergence on RSI and MACD supports the "cool-off before liftoff" thesis 🧠 Strategic Setup ScenarioTriggerAction Bullish ContinuationBreak + close above $148Chase breakout with $155/$165 calls W Reversion EntryDrop to $124–121 with holding wickLong entry with call spreads into earnings Bearish BreakdownClose below $118Wait and reassess — structure invalidated ⚠️ Risk Management: Tighten stops below $117. Risk defined. No long if structure breaks down on high volume. ✅ Summary AMD’s structure screams accumulation, not distribution. The convergence of technical structure, fundamental catalysts, and AI expansion cycles makes this one of the highest-risk-adjusted setups heading into earnings season. We are watching for pullbacks to enter long toward $164–175. 🧩 #Tags: #WaverVanir #AMD #Semiconductors #AITrade #MI300 #GPUWar #FibExpansion #TradingThesis #NVDA #OptionsFlow #AIInfrastructure #SmartMoneyConcepts #VolumeProfile #WPattern #NASDAQ100