Key Takeaways Below, we take a closer look at AMD's weekly chart and apply technical analysis to identify critical price levels worth watching out for. Inverse Head and Shoulders Breakout AMD shares staged a dramatic breakout from an inverse head and shoulders pattern on Monday, laying the groundwork for follow-through buying. While the surge coincided with the relative strength index crossing into overbought territory, the indicator remains below peaks that preceded drawdowns in November 2021 and March 202 ...