$AMD TOP 20
Added 2024-03-24 16:29:14 +0000 UTCMany were waiting for a bounce this week but instead it stayed flat and held the 0.38 Fib level....most Semi's did not move this week either, $INTC is also stuck at its $42 level too.
I think as long as the 0.38 Fib is held on the 50 Day MA, a bounce for Wave B is the likely scenario next as shown....if there was 3 waves present in this pull back, then we would be happy that Wave 4 is in but unfortunately we can only see one wave down so far for this Wave 4, which suggests that Wave 4 is not complete yet.
Comments
what about ? " China has introduced guidelines to block the use of U.S. chips from $INTC and $AMD in government personal computers and servers. "
M
2024-03-24 17:20:12 +0000 UTC
