AMD is showing a classic Ascending Triangle. Don't miss the move.
Bullish continuation pattern.
Technical analysis of Advanced Micro Devices (AMD) reveals a significant setup. With a last close of $445.11, volatility remains active (-0.55%). Algorithmically, a Ascending Triangle structure has completed. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $469.22, targeting $699.48 with support near $393.36 (R:R 3.04).
What is your outlook on AMD?