Thursday, 25 October 2018
Large Wave of AMD (NASDAQ: AMD): 25 October 2018, Thursday, 9.56pm Singapore Time
25 October 2018, Thursday, 9.56pm Singapore Time
(Click on Technical Chart above to Expand)
Attached is the Technicals on the Large Wave of AMD for its long term bull market. Based on the Long Term Technical Price Structure of Pole-Flag-Pole with first light green pole in Relative-X, large bull flag in dark green and second light green pole measured in Relative-X, the price projection of AMD for its entire long term bull market wave can be determined at $120 per share. This will eventually hit an estimated market valuation of $159.49 billion (based on current projection) and may peak out from there. We are currently in extremely violent shakeout phase conducted by smart monies with agenda. $15-$19 represents re-accumulation zone. Large waves are for investors -- not for impatient traders.