$AMD has not been as disciplined as $ABNB and although it has pulled back to the June High, it has bounced very well, as Semi's enjoyed a strong week.
The Taiwanese elections may play some part on this sector at the opening tomorrow, if it negatively effects the sector, we could see a leg down next to our Wave C target at the 0.5 Fib at $122.
Any price at $122 or below is a buy for me.
Overall I am bullish on $AMD and the sector.
Peter Mocca
2024-01-20 09:55:58 +0000 UTCmakis
2024-01-16 16:25:19 +0000 UTC