$AMD TOP 20
Added 2024-07-24 20:20:03 +0000 UTCThe moment I saw the 200 Day MA struggle to hold today at $153, I alerted the group that the decline is likely and if you were not comfortable holding to $120, then you need to assess your position.
I think the Wave C scenario moving down to the 0.618 Fib is the likely scenario now, unless bulls carry $NVDA and $AMD tomorrow, both have lost their 50 and 200 Day MA's respectively today.
$120 is my Wave C target on the $120.
This is a long term investing group, we liked it at $165, so we should love it at $120.
Earnings are due next Tuesday, it goes without saying that it needs to be good.
