$AMD TOP 20
Added 2024-07-05 17:40:34 +0000 UTC$AMD found support on the 0.618 Fib at $143 on the 19th of April, so it is almost 2 and a half months since we have got early signs of confirmation that the reversal is on here and we are getting our move up for Wave 5.
It takes time for reversals to confirm, certainly longer than 1 session or even over a week.
This is why giving the price action time to show support and time to make higher highs and higher lows is so important.
Price has burst through the wedge today after a strong bounce on the 0.618b Fib this week and has not looked back.
We always like to see a retest of a break out level, so right now the wedge level is at $166, so any retest and hold, like what we saw with $PLTR will give us another buy signal to add.
Which I will be doing and encourage members to do the same too.
