Let’s continue the outlook on Advanced Micro Devices.
In the previous idea, we identified Wave C:
The advance from early April 2025 can be broken down into a five-wave structure.
Since October 2025, AMD has been in a corrective phase.
At this point, it appears the correction is likely to go deeper.
It’s difficult to define precise levels, as AMD’s price action includes many gaps - both during advances and declines.
The entire structure in AMD can be interpreted as a diagonal.
For now, the focus is on the final leg of the prior advance, which appears to be a terminal move. A key characteristic of AMD is that its uptrends rarely end with shallow pullbacks - corrections are typically deep, often exceeding 60%.
In this case as well, price is likely to move back toward the start of the last bullish wave.
Before that, a smaller wave C may still develop, potentially pushing price toward the 220 area, after which a broader decline is expected.
Preliminary targets:
Potential move from current levels: ~31-47%.
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In the previous idea, we identified Wave C:
The advance from early April 2025 can be broken down into a five-wave structure.
Since October 2025, AMD has been in a corrective phase.
At this point, it appears the correction is likely to go deeper.
It’s difficult to define precise levels, as AMD’s price action includes many gaps - both during advances and declines.
The entire structure in AMD can be interpreted as a diagonal.
For now, the focus is on the final leg of the prior advance, which appears to be a terminal move. A key characteristic of AMD is that its uptrends rarely end with shallow pullbacks - corrections are typically deep, often exceeding 60%.
In this case as well, price is likely to move back toward the start of the last bullish wave.
Before that, a smaller wave C may still develop, potentially pushing price toward the 220 area, after which a broader decline is expected.
Preliminary targets:
- 133-101 range
- or lower
Potential move from current levels: ~31-47%.
---
Subscribe and leave a comment.
You’ll get new ideas faster than anyone else.
---
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Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.