AMD looks overbought for now, Possible head & shoulders forming
Aggiornato
AMD overbought. Late feb/early march it had its first impulse move down after a 700% run up over the past year. Time for a correction. Waiting to see how high this correction moves up, then when it starts to come back down, great short opp.
Target 11.00
Target 11.00
Trade attivo
Trade attivo
The shoulder formed a little higher than expected, but as of right now, it looks like it's on its way down. Safe short from here with a stop at the high of the possible shoulder (14.68 STOP)
Nota
Nota
SHORT still going, updated elliott count: Trade attivo
still very short. The shouldnt didnt form as perfect as expected, but chart/EW could still looks quite bearish. 
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