$AMD TOP 20
Added 2024-03-17 16:00:35 +0000 UTC$AMD has now dropped from $228 then to $184 this week after a firm rejection at its 1.618 Fib which is what we love to see for Wave 3.
All year $AMD has been a model chart and has barely put a foot wrong, apart from its weak pull back for subwave 2 of Wave 3 but that can be forgiven.
We can see here on the 1hr chart that $AMD found support perfectly on the 200 MA which was also the bull flag breakout level, so we are likely going to see a bounce for Subwave B now to the 0.618 Fib, before pulling back again to complete Wave 4.
This is the standard levels to watch, they can go slightly higher or lower but generally we are watching for this movement.
