AMD @Elliot wave 5 already?

Hello,

to me it seems like AMD just entered Elliot implusive wave no.5.

TP1: ~$136 @Fibonacci 0.618 or +8.5%
TP2: ~$140 @Fibonacci 0.786 or +12%
Stop loss: ~$118 or -5%

Risk/Reward Ratio TP1: 1.5
Risk/Reward Ratio TP2: 2.2
==> not the best Ratio in both cases! It might go even higher? But I doubt it.

This is not financial advice.