Markets

AMD Elliott Wave called the rally after ABC pulls back

To. In this technical article, we look at the Elliott Wave tables of AMD shares published in the field of website members. As our followers know, the stock is trading within 75.21 low. Recently, we predicted the end of a short -term attraction (b) blue and called on an additional rally for a spare machine. In the following text, we will explain Elliotti Laine's analysis and current target areas.

AMD Elliott Laine one hour chart 04.21.2025

AMD Stock shows the retreat of three waves against the lowest of 75.21. There are already enough swings on the correction and we expect it to end at any moment. Our members know that in such cases we can easily identify the address of the reversal area by measuring the equal foot zone (A b), which comes in the area 85.0-82.0. We assume that buyers appear in this zone and see it in stock.

Chart

AMD Elliott Laine one hour chart 04.28.2025

AMD found buyers, as expected (85.0-82.0) in the Equal Legs region and has so far completed a decent rally. Now we would like to see that above the peak of April 9th ​​would be a break to confirm the further extension upside down towards the 105.82+ zone.

Chart

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Adblocker Detected

Please consider supporting us by disabling your ad blocker