Buying AMD - assuming the end of correction after the five-waves advance. Price broke the corrective trend line with increasing volumes, likely will continue the move.
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I will close most of my position as price approach 62%. The prior bearish move marked with a yellow arrow is most likely the wave A of a larger corrective pattern. Of course, AMD may crawl to the high, but we will see how this wave will look like. So far it looks as a nice zigzag
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Closed 70% earlier as planned. Now, as price dumped, closed the balance, at $3 profit per share )))
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Elliott WaveWave Analysis

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