AMD – Choppy Structure May Confirm Full ABC Correction From $76
AMD surged from $115 to $130 with strong volume, but failed to attract follow-through buying interest. Since May 20, price action has become increasingly choppy and indecisive.
This raises the probability that the entire move from $76 may be forming a completed ABC corrective structure.
A sustained drop below $125 would test the diagonal base. If broken, it could expose $116 and $110 as next downside targets.
This raises the probability that the entire move from $76 may be forming a completed ABC corrective structure.
A sustained drop below $125 would test the diagonal base. If broken, it could expose $116 and $110 as next downside targets.
Trade fechado: stop atingido
Nota
War and peace change the charts.
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💼 Professional market insights & charts:
cakirinsights.com/
cakirinsights.com/
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.