One of our members have just highlighted this chart to say that this has been following the impulse wave, I last uploaded this chart in May but we can see that Wave 3 came in sooner than expected but Wave 4 came down to the 200 Day MA as expected and has bounced very well with other tech stocks this month.
It is also in need of a pull back before it will go higher, the 1 Fib at $69, where the 50 Day MA is right now would be the ideal spot.
We are seeing some curving around the top of $AMD's current wave so this may be the start of this pull back too, $MU will likely follow.
But still we will wait.
Seb
2024-03-12 22:00:31 +0000 UTCswan786
2024-02-26 14:40:16 +0000 UTC