AMD was in a huge WXY correction since 2021 high until April 2025 low. I count it as 1-2, i, ii of 3. Wave ii corrected 61.8% of wave i. Wave 2 didn't go deeper due to the OpenAI announcement, which started Wave i of 3.
Since we're now have seen a 3-wave up, it is possible that it is a zigzag for XX as opposed to Waves 1-2, i, ii of 3. However, I assign the alternate count a smaller probability.
Many tech stocks are about to finish or have already finished a wave 2 correction so this can be the same for $AMD.
Bears will try to push it down to fill the gap. If that happens, I plan to add to my long-term position.
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