Gaps are meant to be filled!
It is very clear that AMD is going to be a few node sizes ahead of Intel for the next few years. On top of that, they will be dominating the console and commercial server market. AMD is highly undervalued here and wouldn't be surprised to see a full 100% extension of the cup by the end of this year.
Fundamentals, Technicals, Sentiment --> All positive for AMD
My future self came to me in a dream last night, I told myself to sell at 4.8k and buy back at 1.9k (the ultimate low). We will have over a year of figuring things out as more and more crypto products come online.
A chart says a 10,000 words. In this case - we are looking at an inverted bitcoin chart, log-scale... we have two potential outcomes here. I'm leaning a tad bullish based on good fundamentals (Bakkt exchange launching in Nov w/ bitcoin settled contracts, Bloomberg & Fidelity crypto conference next week) and better market sentiment. Technical show us very clearly...
Cryptocurrencies are used to these bear trends. This aint nothing for btc baby.
Watching for t-k re-cross above bullish 1W ichimoku cloud. AB=CD harmonic pattern bringing $AMD to $22 by May 2019
Pullback into the 1D ichimoku lower bearish cloud edge + 1D Kijun, finding support. Also noticing a channel formation. It could bounce off this channel as well.