$AMD TOP 20
Added 2023-04-08 18:41:20 +0000 UTCI have uploaded this during the week to say how impressed I am with it pulling back at the 1.618 Fib and coming down, to what looks to be Wave 4 for now, it will need to hold this point and the blue line, the 200 Day MA is likely to come up and meet it at this point, offering more support.
This would offer a nice area to buy if it can hold this support.
RSI is reconfirming our pull back thoughts and this looks to continue down further.
So What Now?
We continue to watch this pull back and hit $83, we want this to hold and then enter a position.
Failure to hold here and there is likely considerable downside then....$NVDA could follow too or the other way around.
