A lot of attention is on $AMD, $INTC and $SMCI now as there are signs of some rotation in the Semi sector.
$AMD remains the strongest set up while $INTC is getting a well earned revival and is up 10% over the last 5 days now.
$AMD has broke out of its wedge and made a higher high now, we always want to see a retest of a breakout to confirm this as a new support but also to give us an opportunity to add again, if this happens, I will be adding.
That being said, the move now is likely in Subwave 3 of Wave 5, so this does not need to retest the wedge from here and can continue moving higher.
So if we do get a wedge retest and hold, then we take advantage.