AMD looks overbought for now, Possible head & shoulders forming

Atualizado
AMD overbought. Late feb/early march it had its first impulse move down after a 700% run up over the past year. Time for a correction. Waiting to see how high this correction moves up, then when it starts to come back down, great short opp.

Target 11.00
Trade ativo
snapshot
Trade ativo
snapshot

The shoulder formed a little higher than expected, but as of right now, it looks like it's on its way down. Safe short from here with a stop at the high of the possible shoulder (14.68 STOP)
Nota
snapshot
Nota
SHORT still going, updated elliott count: snapshot
Trade ativo
still very short. The shouldnt didnt form as perfect as expected, but chart/EW could still looks quite bearish.
snapshot

Aviso legal