Potential long term (2+ year) equity play
AMD looks to be in a cycle wave 4, with wave 3 following the path of the pitchfork perfectly since 2018. It is now approaching the 1-STD from the median line, which coincided with the 78.6% retracement of the previous sub-wave 4 to sub-wave 5.
There could be a good opportunity (25 R:R) to go long in the low 80's with a stop around 72. Potential targets of 140, 220 and eventually 325.
AMD looks to be in a cycle wave 4, with wave 3 following the path of the pitchfork perfectly since 2018. It is now approaching the 1-STD from the median line, which coincided with the 78.6% retracement of the previous sub-wave 4 to sub-wave 5.
There could be a good opportunity (25 R:R) to go long in the low 80's with a stop around 72. Potential targets of 140, 220 and eventually 325.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.