By counting the waves, I have this as the end of the entire B wave structure.
Shorting between the 0.382 (price. 28.70) and 0.5 (29.70) fib extension, would be desirable.
For the wave C- wave i have the first target at 21 USD, where the .1 extension is located.
For the fundamentals it was reported that AMD -2.20% has been underperforming in terms of losing revenue.
"The leading examples are dramatic: General Electric was the best stock in the S&P -0.57% 500 to own over the past week -- and the 496th performer for the year up to that point. Advanced Micro Devices -2.20% , Abiomed -0.05% and Netflix 6.36% were by far the shares to hold this year until last week, and since then all have lost money, ranking 393rd, 481st and 443rd in the index"
Shorting between the 0.382 (price. 28.70) and 0.5 (29.70) fib extension, would be desirable.
For the wave C- wave i have the first target at 21 USD, where the .1 extension is located.
For the fundamentals it was reported that AMD -2.20% has been underperforming in terms of losing revenue.
"The leading examples are dramatic: General Electric was the best stock in the S&P -0.57% 500 to own over the past week -- and the 496th performer for the year up to that point. Advanced Micro Devices -2.20% , Abiomed -0.05% and Netflix 6.36% were by far the shares to hold this year until last week, and since then all have lost money, ranking 393rd, 481st and 443rd in the index"