At AMD, I currently see two possible scenarios:
1. The five-wave structure is not yet complete, and the stock could push above the current high. However, I consider this scenario less likely.
2. We are currently forming wave B of a correction. In this case, the stock should at least correct down to around $131, where both the 200-day moving average and the 0.5 Fibonacci retracement of the recent upward move are located.
In the following upward move, a target range of $250–$300 looks realistic.
1. The five-wave structure is not yet complete, and the stock could push above the current high. However, I consider this scenario less likely.
2. We are currently forming wave B of a correction. In this case, the stock should at least correct down to around $131, where both the 200-day moving average and the 0.5 Fibonacci retracement of the recent upward move are located.
In the following upward move, a target range of $250–$300 looks realistic.
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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.