AMD overall view and new counting (Part 1)
Today, for several reasons, I had to do some recount of AMD's stock pattern!
The blue lines represent the overall trend from the beginning of last year.
The magenta lines represent the actual trend, drawn from peak (3) (2016-08-19) and the low (4) (2016-11-10) with a Minute peak 3 at 2017-02-17. Because there is YET no overlapping between wave Minor 1 and Minor wave 4, I can't see an "Ending Diagonal " developing! So, AMD is in wave Minor 4 at the moment.
The blue lines represent the overall trend from the beginning of last year.
The magenta lines represent the actual trend, drawn from peak (3) (2016-08-19) and the low (4) (2016-11-10) with a Minute peak 3 at 2017-02-17. Because there is YET no overlapping between wave Minor 1 and Minor wave 4, I can't see an "Ending Diagonal " developing! So, AMD is in wave Minor 4 at the moment.
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