AMD โ€“ The AI Underdog Setting Up for a Major Move

244
AMD is quietly building momentum as a major AI contender, rivaling NVDA with its upcoming MI400 GPU series and strong Q2 guidance potential.

I'm watching this carefully for a medium-term swing with high reward potential based on both fundamental catalysts and technical structure.

๐Ÿ” Entry Points I'm Watching:
โœ… $143 โ†’ Aggressive breakout entry if it clears $147.50 with strong volume
โœ… $125 โ†’ Previous support + gap-fill zone from May
โœ… $115 โ†’ Deep value zone near 200-day MA (if macro weakens)

๐ŸŽฏ Profit Targets:
โ€ข TP1: $160 โ€“ Key resistance & post-earnings reaction zone
โ€ข TP2: $176 โ€“ Melius Research target
โ€ข TP3: $200+ โ€“ ATH breakout potential if AI narrative extends into Q3

โšก Catalysts to Watch:
โ€ข MI400 GPU launch in progress
โ€ข Q2 earnings (late July) โ€“ data center revenue in focus
โ€ข Sector momentum from MU and NVDA

โš ๏ธ Disclaimer: This is not financial advice. I am sharing my personal trading plan and analysis for educational and discussion purposes only. Always do your own research and consult with a financial advisor before making investment decisions

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.