AMD, atm in a wave 4 ("Minor"), wave b ("Minute"). TPs for this move shown in the chart. During next week, the stock will find a bottom and start to complete the cycle ("Minute"-wave 5) with a double top or a new HIGH. Probable TPs are 16,06 (1,618 of wave 1 (dark red), measured from 13,39) or above.
Line study: AMD is still in its channel (black dotted lines). A probable wave "4" often terminates right below a lower trendline. So, be aware of a beartrap
Line study: AMD is still in its channel (black dotted lines). A probable wave "4" often terminates right below a lower trendline. So, be aware of a beartrap
Note
AMD will shoot tomorrow, after having found a little bottom (in another abc)? See below on 5m...Note
Note
THIS IDEA IS NOT VALID ANYMORE!!!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.