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
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AMD will shoot tomorrow, after having found a little bottom (in another abc)? See below on 5m...
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Comment:
THIS IDEA IS NOT VALID ANYMORE!!!