On my last post i covered why AMD is going to hit the the 24 USD mark, and then drop.
Well we went up slight higher, to 25USD and we began dropping.
So where does that lead us? If we look at the previous analysis we just finished C, and now we would go for the 1:1 extension of A-B which is slighty higher at 7 USD.
@idmedb, His initial plan has been severely "handicapped" the "retracement" as he sees it (B wave) is soon back to zero, which by his bearish mind possible results in a double top, which to be fair could be a fine place to short, especially if it begins to loose momentum towards 34$.
The 7$ target by same method is now 14$, and not that it takes a genius to see that he was plain wrong on this.
If he played this, i hope he had an exit plan for when he knew he was wrong.