DOES THIS MEAN THE END FOR AMD?By counting the waves, I have this as the end of the entire B wave structure.
Shorting between the 0.382 (price. 28.70) and 0.5 (29.70) fib extension, would be desirable.
For the wave C- wave i have the first target at 21 USD, where the .1 extension is located.
For the fundamentals it was reported that AMD -2.20% has been underperforming in terms of losing revenue.
"The leading examples are dramatic: General Electric was the best stock in the S&P -0.57% 500 to own over the past week -- and the 496th performer for the year up to that point. Advanced Micro Devices -2.20% , Abiomed -0.05% and Netflix 6.36% were by far the shares to hold this year until last week, and since then all have lost money, ranking 393rd, 481st and 443rd in the index"
