$AMD is making a strong comeback on the 1H timeframe! 💻📈
After dipping down to the $480.33 bottom, Advanced Micro Devices bounced sharply, reclaiming the major moving averages and pushing back above the $504 mark (+2.17%) to hit $504.141.
Key Technical Levels:
Immediate Support: $502.50 (MA 99) / $495.47 (MA 25)
Local Low Support: $480.33
Resistance: $512.00 / $518.56 (Recent Swing High)
Price action is currently holding right around the MA(7) line at $504.13. If buyers can sustain momentum above $502.50, a push toward testing the $512–$518 resistance zone looks favorable.
Are you bullish on $AMD pushing back toward $520+? Let me know! 👇
#AMD #Stocks #Trading #Binance #TechnicalAnalysis
After dipping down to the $480.33 bottom, Advanced Micro Devices bounced sharply, reclaiming the major moving averages and pushing back above the $504 mark (+2.17%) to hit $504.141.
Key Technical Levels:
Immediate Support: $502.50 (MA 99) / $495.47 (MA 25)
Local Low Support: $480.33
Resistance: $512.00 / $518.56 (Recent Swing High)
Price action is currently holding right around the MA(7) line at $504.13. If buyers can sustain momentum above $502.50, a push toward testing the $512–$518 resistance zone looks favorable.
Are you bullish on $AMD pushing back toward $520+? Let me know! 👇
#AMD #Stocks #Trading #Binance #TechnicalAnalysis
