Another stock that I highlighted on our watchlist this week and likely to follow $AMD too.
We can see that the price is just between the 50 and 200 Day MA and the 200 Day MA is exactly at the 0.38 Fib too....so this is a strong confluence level.
A test of support here and this could be the confirmation we have been waiting for and the next move will be trying to get above the 50 Day MA at $97.50....a hold above this level and I believe we are in Wave 3 then.
Stephanie
2023-09-25 19:38:45 +0000 UTC