Sep. 10 at 9:51 PM
$AMD ATR targets projected up and down using the previous close as the zeroline. ATR is the average daily range. This indicator uses the close as the zeroline and projects 1ATR up and 1ATR down and then divides that range up using Fibonacci ratios. Each white line is 1ATR. Fibonacci ratios are thresholds or tipping points in equilibrium. Salmon = 0/prev close, Red = 23.6%, Green = 38.2%, Grey = 50%, Blue = 61.8%, Yellow = 78.6%, White = 100% then repeat. Blue and white lines are targets, red and yellow lines are technical support/resistance.
