AMD News – AMD tries to shake off negative pressure – Analysis

AMD‘s stock fell 0.61% in the last session after touching the resistance of the 50-day SMA, while gathering momentum to help it shake off the pressure, amid the dominance of the main upward trend in the medium term, with positive signals from the RSI.

Therefore we expect the stock to return higher, targeting the pivotal resistance of 97.95. 

Expected trend for today: Bullish