Technical Analysis on Advanced Micro Devices (AMD)

AMD trading within zone of support

In this Wicked Stocks, we show Advanced Micro Devices (AMD) continuing to hold above key long-term support, this area potentially in reach again over the next several weeks, where AMD can bottom out into Q2, and above which higher trade is anticipated over that same time horizon. Inversely, a weekly settlement below key long-term support would signal continued price erosion into later Q1. Precise targets are illustrated in the video.

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