Most of us have been watching AMD forever, so you might recognize how range bound it has been the past two months. Yesterday, AMD got large volume confirmation on a nice move up and the indicators are showing some of the strongest buying pressure AMD has ever had since the pandemic. Semis are very strong with NVDA carrying SMH up. With positive div. on the indicators, volume confirmation, a fresh macd crossover, AMD could potentially breakthrough. Break through 58 could cut a clean move to the late 60's.
Technical Indicators

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