Advanced Micro Devices Inc
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AMD BIAS UPSIDE with $80 Support

197
18 May 2025

AMD – Watching for Bullish Confirmation

We’re closely monitoring AMD as it approaches the 200-day moving average on the weekly chart. A break above this level would signal a confirmed shift back to a bullish trend.

Previously, when AMD dropped below $100, it took six weeks to reclaim that level—a strong bullish signal. That false breakdown offered a great entry opportunity for those who accumulated below $100.

If you missed that move, consider watching for a slight pullback in the coming trading days to potentially enter. As long as AMD holds above the recent low around $80, our bias remains firmly to the upside.

Strategy: Wait for confirmation above the weekly 200MA or accumulate on pullbacks while $80 holds as support.

Penafian

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