AMD is trading in a triangle pattern, meaning it’s building up for a possible big move. This is a setup where we watch for a breakout or breakdown to decide the next direction.
Why AMD Is Worth Watching:
Tight Range: AMD is stuck between key levels, and a breakout could mean strong momentum. Growing Industry: AMD is a big player in AI and chips, which are hot sectors right now. Potential Catalysts: News about AI products or market strength could push AMD higher. Key Levels:
Breakout Zone: Above $150, it could climb toward $180 or higher. Buy Zone: Around $133, with strong support near $121. Below $121 could mean more downside.
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