AMD Analysis! Bullish

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AMD Analysis! Bullish Advanced Micro Devices, Inc.BATS:AMDFranzFinance_Br🔷 📝 AMD Analysis – GEN Methodology & Fibonacci Projection AMD ✅ Chart Technique: The blue overlay represents a historical price pattern (GEN Projection) applied to the current AMD chart using Bar Pattern Projection. This technique forecasts potential timing and price movement based on similar past structures. ✅ Fibonacci Retracement (purple levels): After the July high, a correction into the Golden Zone (0.618 at $109.16) was expected. The current price is hovering around the 0.5–0.382 retracement levels ($119–129), suggesting potential support or a mid-term consolidation. ✅ Green box: Marks a liquidity zone or accumulation area where the price may form a local bottom before continuation. ✅ Overall idea: If the GEN Projection plays out, AMD could consolidate here before a strong rally towards new highs ($200+) in the coming months. Invalidation: A clean break and daily close below the 0.618 Fibonacci ($109) would weaken this bullish scenario.