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.
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.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.