AMD Harmonic Elliott Wave Analysis
Overview: in my latest update of AMD published on Apr. 22nd, I had wave III of A of (5) being complete and the completion of wave IV of A being very close. Then, I expected the last leg to the upside as wave V of A and my target for that was 112 reached in July.
Update: AMD followed our idea of needing a final leg higher (worth mentioning that we had an unusually deep wave IV). What I see is that wave (a) of V has been completed and we are inside wave (b) of V (it can be complete as a double zigzag or form a third zigzag). What follows is wave (c) of V of A.
My potential targets for the completion of wave A are 104.93, and 109.05, reached in the first week of June.
Update: AMD followed our idea of needing a final leg higher (worth mentioning that we had an unusually deep wave IV). What I see is that wave (a) of V has been completed and we are inside wave (b) of V (it can be complete as a double zigzag or form a third zigzag). What follows is wave (c) of V of A.
My potential targets for the completion of wave A are 104.93, and 109.05, reached in the first week of June.
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