SamSuka
The Long Investor
The Long Investor

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$AMD TOP 20

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.

$AMD TOP 20

Comments

Not necessarily

THESTOCKS

Log is for crypto

Janko

That's not a concern, the confluence range is between $148 - $153 We don't use log either.

Gareth Neary

On log scale the trendline broke

THESTOCKS


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