Elliott Forecast - AMD Elliott Wave Analysis: 5 Wave Rally Supports Bullish Bias

Report

Elliott Forecast

AMD Elliott Wave Analysis: 5 Wave Rally Supports Bullish Bias

Since bottoming out on April 10, 2025, Advanced Micro Devices (AMD) has embarked on a robust rally, signaling a bullish trend. Technical analysis reveals a five-swing sequence from the April 10 low, favoring continued upward momentum. The initial ascent, wave (1), peaked at $97.91, followed by a corrective pullback in wave (2) that found support at $83.75. The stock then surged in wave (3) to $122.52. A subsequent retracement in wave (4) concluded at $107.10, as depicted in the one-hour chart below. Currently, wave (5) is unfolding, structured as an impulse in a lesser degree, driving the stock higher.

17/06/2025 1 EN

Provider

Elliott Forecast

Elliottwave-Forecast.com (by EME PROCESSING AND CONSULTING LLC) was founded in 2005 by Eric Morera. Since inception our company has provided tailored Financial Market Services to thousands of clients. ElliottWave-Forecast has built a reputation on accurate technical analysis and a winning attitude. By successfully incorporating the Elliott Wave Theory with Market Correlation, Cycles, Proprietary Pivot System, we provide precise forecasts with up-to-date analysis for 52 instruments including FX majors, Gold, Silver, Copper, Oil, TNX and major Equity Indices. Our clients also have immediate access to our proprietary Actionable Trade Setups, Market Overview, 1 Hour, 4 Hour, Daily & Weekly Wave Counts. Weekend Webinar, Live Screen Sharing Sessions, Daily Technical Videos, Educational Resources, and 24 Hour chat room where they are provided live updates and given answers to their questions.

See profile

Other Reports from Elliott Forecast

Dow Futures (YM) Elliott Wave Outlook: Wave 4 Correction Underway

The rally in Dow Futures (YM) that began from the April 7, 2025 low remains intact. It is unfolding as a five-wave impulse pattern according to Elliott Wave analysis. Starting from that low, wave 1 peaked at 39,649. A corrective pullback in wave 2 followed which found support at 36,922. The Index then resumed its upward trajectory in wave 3, which itself subdivides into five smaller-degree waves. As shown on the 1-hour chart below, wave 3 reached its high at 43,316. The market is now experiencing a pullback in wave 4.

18h / 57m 18h / 57m 1 EN

Elliott Wave Perspective: Nvidia (NVDA) Wave 3 Close to Conclusion

Since July 4, 2025, Nvidia (NVDA) has been experiencing a robust rally. The rally is unfolding as a five-wave impulse structure according to Elliott Wave analysis. This upward movement began at a low on July 4, 2025, with wave (1) concluding at $115.44. A subsequent pullback in wave (2) found support at $95.04. This sets the stage for the ongoing wave (3), which has developed as another impulsive subdivision.

June 18, 2025 June 18, 2025 1 EN

AT&T (T) Approaches Final Wave High Before Correction Opportunity

AT&T stock continues to gain traction as it approaches the $29.03 resistance zone. Investors are encouraged by its strong free cash flow, consistent dividend yield, and aggressive fiber network expansion. Recent earnings have met expectations, and analysts forecast modest revenue growth supported by wireless and broadband demand. Additionally, the company’s focus on debt reduction and operational efficiency adds to its appeal.

June 18, 2025 June 18, 2025 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

AMD Elliott Wave Analysis: 5 Wave Rally Supports Bullish Bias

Dow Futures (YM) Elliott Wave Outlook: Wave 4 Correction Underway

Elliott Wave Perspective: Nvidia (NVDA) Wave 3 Close to Conclusion

AT&T (T) Approaches Final Wave High Before Correction Opportunity

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe