$AMD TOP 20
Added 2023-08-24 17:49:24 +0000 UTCFrom $111 at the opening to $101 now, this was a wild swing and now made a new low too, hovering around the 0.38 Fib now which is certainly weakened.
We can see that the 200 Day MA is coming up from below and heading for the 0.5 Fib at $93.65. So if $102.94 on the 0.38 Fib can not be recaptured, then the 0.5 Fib is the next level to watch.
I suspect the market will need a few days to settle and like I mentioned earlier in the Telegram group, the market may be preparing for Powells talk tomorrow too.
