AMD Weekly Harmonic Elliott Wave Analysis
Overview: AMD followed the proposed path of the previous update perfectly. Let's review the expectations of the previous update:
Update: the count that we had on the previous update is completely valid. However, based on the structure of broad market and NVDA, I now have a different primary count: wave I has peaked and we are in wave II possible developing as a double zigzag. I still believe that wave II is going to take time to complete.
- AMD is in wave III of (c) of I of A of (5).
- Same as NVDA, I think wave II is going to take a long time on AMD .
Update: the count that we had on the previous update is completely valid. However, based on the structure of broad market and NVDA, I now have a different primary count: wave I has peaked and we are in wave II possible developing as a double zigzag. I still believe that wave II is going to take time to complete.
