LONG TERM :

AMD what I believe will form very strong support at this 58-54 range. If it breaks below it, it may lead to 35 (I highly doubt this). I believe there's more upside than downside on AMD especially on the longer term. I believe this stock will more or less jump up and down between these 73-58.27 ranges. It'll atleast try to attempt 73 at one point in time before it breaks this support.

SHORT TERM: I think this can hit 67.11 at least before the next earnings and touch 73.63
Breaking 73.63 not realistic with current market conditions. (Can change)

I'm bullish long term on this.
AMDBearish PatternsBullish PatternsChart PatternsTechnical IndicatorsLONGTrend Analysis

Penafian