Not time to do a detailed write up. But I'll post my 4 hour green count for AMD to show the smaller degree wave count on the 4 hour chart, which is a follow up to my daily chart below.
Lots of confluence around $70. It looks like we need one more low on what appears to be the ending diagonal of green wave v of wave (c) of wave 4. Sure, it could truncate and take off higher. But no confirmed bottom given the lack of a clearly impulsive move higher.
#NotAdvice
#I'mLongAMD
#LooksLikeOneMoreLow
#WavePrinciple
Lots of confluence around $70. It looks like we need one more low on what appears to be the ending diagonal of green wave v of wave (c) of wave 4. Sure, it could truncate and take off higher. But no confirmed bottom given the lack of a clearly impulsive move higher.
#NotAdvice
#I'mLongAMD
#LooksLikeOneMoreLow
#WavePrinciple
