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AMD Stock Wave Analysis

Timeframe: 1H

Until the rule (iv) <(ii) in the diagonals is broken, we cannot be sure about the completion of the final diagonal in AMD stocks.

A small update to the calculation of a month ago, which is quite well implemented for itself: vk.com/wall-124328009_21284. Added a level confirming the downtrend to the chart in green. And the level of cancellation of the diagonal in this configuration in red.

I think that the de-globalization of the world economy will prevent AMD from increasing chip production. And then growth is possible only when the market is pumped with money. But the endless QE and sipi growth cannot continue either.


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