$AMD is showing some difficulty at the blue line at $164, it broke above but on the retest did not hold, we know how important it is to see this
Since then, the price has lost the 200 Day MA at $161 too
In the PM we are seeing some green so let's see how the price behaves on the retest of the 200 Day MA from below, another rejection here and the white fib levels is where we are watching for a pull back
No changes to the potential impulse wave, as long as support is found on one of the white fib levels
The 50 Day MA is on the 0.618 Fib now too....making this a confluence level.
DiegoTheSabre17
2024-10-02 13:06:46 +0000 UTCDiegoTheSabre17
2024-10-02 13:06:21 +0000 UTC