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AMD
Benzinga
42 days

AMD At $135? That Just Might Be The Launchpad

1. AMD's stock is down 25% in the last year, 10% this month. 2. Current price ($135-$137) aligns with strong technical support levels. 3. AMD has started delivering MI350 units amid bullish market signals. 4. Stock show bullish indicators like MACD and moving averages setup. 5. Traders view $136 as a key entry point with upside near $170.

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FAQ

Why Bullish?

AMD's technical indicators and support levels suggest potential upside. Historically, similar setups have led to rebounds.

How important is it?

Article highlights technical setups that could attract trader interest, impacting AMD's price.

Why Short Term?

Expect immediate trading activity based on current technical setups. Patterns show quick recoveries in previous dips.

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