AMD Weekly Harmonic Elliott Wave Analysis
Hi everyone,
Overview: lets review my published idea of July 31st: "I expect Monday Aug 1st to be a topping candle on AMD , probably a fake breakout of the black trendline on decent volume . Lets look at the hourly chart: the second zigzag of wave (X), named wave C is near completion. Potential targets for wave (X) top (95-98)".
Update: the breakout of the trendline actually happened on high volume , however, AMD was a little bit stronger than I expected in this week. I believe based on the hourly count, we are very close to the completion of wave (X), maybe we need a last push:
Overview: lets review my published idea of July 31st: "I expect Monday Aug 1st to be a topping candle on AMD , probably a fake breakout of the black trendline on decent volume . Lets look at the hourly chart: the second zigzag of wave (X), named wave C is near completion. Potential targets for wave (X) top (95-98)".
Update: the breakout of the trendline actually happened on high volume , however, AMD was a little bit stronger than I expected in this week. I believe based on the hourly count, we are very close to the completion of wave (X), maybe we need a last push:
