$AMD: Going back to $70-$80
The chart is getting more bearish day by day and looks to be in a classic ABC correction wave. Double rejection at 0.5 fib and the C wave has started.
All the big caps have started falling. Daily MACD is about to crossover to negative territory.
My target for AMD is $70-$80 in next 3 months. If
SPY goes back to $380, I expect AMD to hit high 50s.
Like I said a couple of months back, AMD is the Qualcomm of the 2020 bubble.
All the big caps have started falling. Daily MACD is about to crossover to negative territory.
My target for AMD is $70-$80 in next 3 months. If
SPY goes back to $380, I expect AMD to hit high 50s.Like I said a couple of months back, AMD is the Qualcomm of the 2020 bubble.
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