AMD's stock tried to pierce the pivotal resistance of 34.00 after dropping yesterday to collect profits and gather momentum, while venting off overbought saturation in the RSI, and trading within an ascending price channel that guided recent trading, with positive support from the 50-day SMA. 

Therefore we expect the stock to rise, especially if the resistance of 34.00 was breached, targeting the next one at 34.77. 

Expected trend for today: Bullish