Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
AMD @Elliot wave 5 already?
Advanced Micro Devices Inc
Long
AMD @Elliot wave 5 already?
By jochenwtr
Follow
Follow
Nov 2, 2021
1
0
Nov 2, 2021
Hello,
to me it seems like AMD just entered Elliot implusive wave no.5.
TP1: ~$136
fibonacci
0.618 or +8.5%
TP2: ~$140
fibonacci
0.786 or +12%
Stop loss: ~$118 or -5%
Risk/Reward Ratio TP1: 1.5
Risk/Reward Ratio TP2: 2.2
==> not the best Ratio in both cases! It might go even higher? But I doubt it.
This is not financial advice.
Elliott Wave
Supply and Demand
jochenwtr
Follow
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
.