AMD regains footing - Analysis - 24-09-2021

AMD's stock rose 1.7% in the last session amid the dominance of the main upward trend in the medium and short terms, with positive signals from the RSI, while benefiting from support from the 50-day SMA.

Therefore we expect more gains for the stock, targeting the first resistance at 114.40, provided the support of 99.50 holds on.

Expected trend for today: Bullish