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0Publishing ideas as a public journal of my strategy and lessons learned.
Joined Jul 28, 2020
indicator
trendanalysis
waveanalysis
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Using the Weekly time frame, Wave 1+3 of a larger degree shows a possible extension to the 1.68 extension which is a common wave 5 of a larger degree target . That Price Target being $26.35. In April of this year the price reacted to a Reversal Pivot Point but failed to form a proper impulse for wave 1. Price then gapped above the price resistance line for...
8
4HR NASDAQ:AMD is close to potentially finishing Wave 5 of a larger degree wave 1. $154 is the calculate Fib extension of Wave 1+3 for a wave 5 however, there is plenty room for the stock to run with multiple $160+ Analyst upgrades. From the Close Price on 6/27 to $160 there is a potential 11% upside. I believe any negative sentiment on trade with Canada...
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