Last week. AMD
finished "Minor"-wave 4 and is still above the important blue trendline
(dating back to peak "1" at 2016-12-16 of this mediumterm trend). arly in the morning, AMD
broke the upper trendline
(red channel)! This is why I suppose, that the stock has finished the first impuls-wave and is about to finish "Minuette"-wave 2. This correction could be 0.500 of wave 1 (retest of the blue trendline
) or right below at 0.618 ($ 12.64).