ElliottWaveBelgium

AMD - Long towards 90/92 then bigger pullback before big rally ?

Largo
ElliottWaveBelgium Actualizado   
NASDAQ:AMD   Advanced Micro Devices Inc
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.
Comentarios:
5 up and 3 down. Going higher from here ?
Comentarios:
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.
Comentarios:
Reversing

Don't forget to like, share and follow !

Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public

Thanks !
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.