Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
AMD's stock fell 1.34% in the last session while gathering momentum to help it rise anew, leaning on the support of 88.85, while trading alongside the upward short-term trend line, with positive support from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the pivotal resistance of 98.00, provided the support of 88.85 holds on.
Expected trend for today: Bullish