Traders Watch AMD Squeeze Closely at $548.13
The stock of Advanced Micro Devices Inc (AMD) climbed 2.58% to close at $548.13 on July 15.
From a technical standpoint, the outlook appears bullish:
The bullish trend is intact, but fading MACD momentum suggest waiting for a pullback.
Watch $498.73 as support and $571.42 as resistance.