I suspect there is some play acting here as $AMD leads into earnings next week.
Since the start of 2023, $AMD has always bounced after its earnings report and it looks primed for another bounce here to follow our Wave 3 projection.
Price has pulled back now between the 0.5 - 0.618 Fib levels, where the 50 Day MA is and the yellow trend line support level....making this a confluence level
If this price can hold between this range into earnings then I believe with a positive report this can reverse and follow our Wave 3....which will be an area of interest for me to add.
THESTOCKS
2024-10-23 00:34:15 +0000 UTCJanko
2024-10-22 23:25:09 +0000 UTCGareth Neary
2024-10-22 16:24:51 +0000 UTCTHESTOCKS
2024-10-22 16:23:50 +0000 UTC