$Advanced Micro Devices(AMD)$ just broke above the 200-day moving average, hitting $106!
The RSI still has room to squeeze a bit higher—though a full run to the resistance trendline would be a hefty 20% move, so let’s stay realistic.
Expect a short-term pump followed by some consolidation as RSI and buyers take a breather. With China news capable of sparking quick scalps, traders should stay sharp and watch those technicals.
Long-term? Still a solid buy. With strong fundamentals and major plays in AI, $AMD remains a top-tier investment.
Also, the 10-day netflow is bullish—big money seems to like what they see.
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