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 rose in the intraday levels after leaning on the main upward trend line in the medium term, amid negative pressure from the 50-day SMA, with negative signals from the RSI.
Therefore we expect more gains for the stock, as long as the support of 29.59 holds on, targeting the resistance of 31.93.
Expected trend for today: Bullish