AMD (20b) There is no "Runnung out of Steam!"
Updated
As described before in (20a), AMD is still in a "Minute"-wave 3 and is just about to finish a "Subminuette"-wave 4 correction ($ 14,12 - $ 1380). 0,24 Fib.-level = $ 13,80.
A possible worst case scenario could be $ 13,27 (retest of the blue trendline), which I don't believe.
A possible worst case scenario could be $ 13,27 (retest of the blue trendline), which I don't believe.
Note
"Minuette"-wave 4 correction, instead of "Subminuette"-wave 4 correction. Sorry!On a 1'-scale:
Scenario 1:The last leg of the correction (in a "Subminuette"-wave c could have a ABC-pattern, which has already finished at 14,12. This would be part of a TriangleExp-pattern (ABCDE) with target for the next leg "D" at $ 14,75. The final leg "E" could then go down to $ 13,73 (Fib. 0,24 of "Minuette"-wave 3) to finish the "4".
Scenario 2:The last leg of the correction (in a "Subminuette"-wave c) could have a impulsive count (12345) with the same target $ 13,73 to finish the "4".
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