Daily TF - It has completed 5 waves downtrend and ABC correction that confirmed reversal. Currently on an uptrend and it has completed 4/5 waves. 5th wave is underway or any short term correction is an extension of 4th wave as long as wave 1 high is not breached.
Monthly TF - It is trying to reclaim the 0.886 fib level on monthly. A close above this is going to...
Wyckoff Accumulation on Protean. Defended the LT support last time and formed a spring. Currently in D phase and it's going to take off in the coming weeks in my opinion.
Decreasing volume on the daily too indication trend reversal might be imminent.
Let me know what you think.
Looks like AMD will be bottoming soon (~90's)
AMD is following the ascending triangle pattern and the descent it is experiencing right now is very similar to the ABC it had before. Similar projection from the top of ABC and if the similarity continues, it will fall on the green/support trendline and bounce. The stock might hit the trendline when the price is...
