$AMD TOP 20
Added 2023-05-01 03:53:02 +0000 UTCWe expected a pull back here and for support to be held at the 1 Fib, it dipped $1 below and then bounced very well, so this has been following our count very well here. As long as this stays above the blue line then we should see a move up to $109 to complete Wave 5.
So What Now?
The possible catalysts here would be if $NVDA drops aggressively, which would not be a surprise considering its chart outlook, and drags the Semi industry with it, also earnings are due on Tuesday here, so if they are not positive, this could drop below the blue line and bring this down for Wave C in red.
So far it has followed our chart nicely, so all eyes on the earnings report now.
Comments
Next target 54.44?
Constantinos Laskaris
2023-05-03 23:51:51 +0000 UTCLooks like may have broken below the blue line. Are we no longer in bull case?
NM
2023-05-03 14:20:26 +0000 UTC
