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DeNomics
Oct 9, 2021 10:52 PM

AMD flag formation Long

Advanced Micro Devices, Inc.NASDAQ

Description

The US markets have taken a beating over the last few weeks but as sellers start to reside we could see some short term recoveries across the market on some strong players.

Im watching AMD closely with this flag formation, not ruling out a drop back further yet before a bounce but the market structure is set for a continuation

Fib levels from the last bullish rally are being respected so targeting the 1.272 extension of around 130+ over coming months
Comments
YMGroup
I am totally agree with you!
JGrimwood
Thanks Don!
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