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Advanced Micro Devices
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Potential uptrend for $AMD

Oleh larsnicog
AMD has encountered resistance and is now transitioning to a potential uptrend. The price target is set at $160. However, we cannot rule out a decline, which would occur if the resistance is broken to the downside.
Additionally, we currently have neutral news, which should support the price in aiming for an increase, as we see a clear undervaluation.
AMDanalysebuyChart PatternsTechnical IndicatorsTechnical AnalysisTrend Analysis
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