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 shook off negative pressure from the 50-day SMA, scoring a 1.61% profit and tackling the main downward trend line, with positive signals from the RSI, and amid the dominance of the upward short-term trend.
Therefore we expect more gains for the stock, targeting thereafter the resistance of 1814.85.
Expected trend: Bullish