SamSuka
The Long Investor
The Long Investor

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$AMD TOP 20

May low line at $141 has now been broken down and the impulse structure is no longer valid, this was highlighted a number of times lately and again twice yesterday.

The 0.618 Fib at $120 is the next target and a hold at this level and I will be adding.

The AVE PT for $AMD across Wall St is $200, so adding at $120 is something I will be happy to take.

$AMD TOP 20

Comments

As per Matt, now at 142, suggests support holding. Another service has just recommended going long on the basis of confluence of support 🤷🏼‍♂️. If support holds, is it a good opportunity for DCA?

Nick E

so for AMD it is an incomplete wave (5) which price will try later after ABC correction?

Huat

Yes but a lower low has been made now so Wave C can complete at any stage It doesn’t need to go to $120

Gareth Neary

If it could recover intraday and finishes above 141 eod, is it still considered as broken? Thx

Matt


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