The strength of $AMD and $AMZN have been very impressive and leaving no gaps behind. I have not changed this chart and Wave 1 remains at this level at $132 but it is getting there faster than we had projected.
It is looking like, if a pull back comes here before our Wave 1 target, it will come down to the 200 Day MA, which is exactly at the yellow trend line and in between the 0.5 and 0.618 Fib between $103-$106, so this is a strong confluence level.
Holding support here is certainly an opportunity to add to your position or start one.
I will of course be adding here.
Gareth Neary
2023-11-15 03:08:32 +0000 UTCBrian
2023-11-14 23:56:49 +0000 UTC