AMD - Long towards 90/92 then bigger pullback before big rally ?
Just follow the noted path.
If wave (iv) has ended then we should see the fifth wave higher, completing a higher degree wave 1.
We then need to see a corrective wave 2 that must hold above the beginning of wave 1 at 73.80 for this stock to rally to new highs.
If wave (iv) has ended then we should see the fifth wave higher, completing a higher degree wave 1.
We then need to see a corrective wave 2 that must hold above the beginning of wave 1 at 73.80 for this stock to rally to new highs.
Note
5 up and 3 down. Going higher from here ?Note
AMD - alternate count - We could just be in a 3 waves correction here. Ideal bounce zone would be 79.50-79.90 but let's be flexible especially since we have bullish divergence on the oscillators. Note
Reversing 
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Thanks !
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.