SamSuka
The Long Investor
The Long Investor

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$AMD TOP 20

$AMD was tempting me this week to add in order to catch the relief bounce but it has struggled to hold the 0.5 Fib today at $160 and is down -4% so far today.

The 0.618 Fib is at $144 which would be very appealing and the 200 Day MA is moving up to this level now too.

$AMD has performed incredibly well after its last 2 earnings reports, bringing the price up from $90 to $225.

I believe $AMD is on the right track and getting this at $144 would be to hard to ignore.

$AMD TOP 20

Comments

ABC correction....when an impulse wave becomes invalidated, it corrects.

Gareth Neary

What happens if Wave 4 is invalidated?

Damien O'Sullivan


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