$AMD ELLIOT WAVE THEORY + FIB

- We are currently waiting for wave 5 to hit the 161.8 level at $106-$107.

- We see that same pattern behavior at wave 3 with some consolidation/speculative movement.

I'm guessing the reason why its dipping is because of the current market situation with the short squeeze.

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We see some bullish support level at 50%.

RSI and Stoch RSI seem to be crossing over towards the bullish side.

MACD seems to be hitting its peak for selling volume.

Hopefully, $AMD can keep a support level at 61.8 and eventually break through the 78.6 level.

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It looks like the 618 has become the new support level

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Still holding the 618 level. So im not stressed.

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Broke through the 78.6 level. lets see if that's the next support level.