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Advanced Micro Devices Inc (AMD) “On a long-term technical basis, the stock (AMD) is trading above its 200-day moving average which generally implies it is in a positive trend.
The stock has support at 76.75 and 68.08. If the stock breaks down through support at 76.75 then it will probably continue lower to 68.08. The stock will meet resistance at 82.04 and 87.29. If the stock breaks up through resistance at 82.04 then it will probably continue higher to 87.29. The 200-day moving average is at 61.03. This will also act as support. The stock is neutral according to the Stochastic Indicator (37.98).”
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