$AMD TOP 20
Added 2023-06-18 20:29:02 +0000 UTCThere has been a number of signals this week that this has started its Wave 2 corrective wave now. The price action has hit the 1.27 Fib and rejected and has started to curl at the top, the RSI is showing a clearer indication that the trend has reversed and the MACD has confirmed this too.
$AMD's 5 impulse waves up, were very distinct and structured, I would like to see this continue in the same manner to the downside. I have Wave C finishing at the 0.5 Fib at $93, we will watch how this develops, it may take until the end of August to complete if it follows the same pattern and wave timescales as the impulse waves.
As I have said before, buying $AMD at $93, would be the ideal position for me.
