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.
Building and managing multiple projects | Trader & Analyst with 5+ years of experience
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Building and managing multiple projects | Trader & Analyst with 5+ years of experience
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.