AMD At $135? That Just Might Be The Launchpad
Advanced Micro Devices Inc. AMD has had a rough ride this year, down nearly 25% in the past 12 months and 10% just this past month. However, after weeks of pressure, the chart is flashing a setup that has traders on high alert.Chart created using Benzinga ProThe stock has pulled back to around 137, a level that aligns with strong technical support and fills a recent breakout gap. The RSI (relative strength index) has cooled off to 62.74, momentum remains intact, and the dip is looking more like a laun ...