AMD Stock Soars to 5-Month High After AI Showcase, Key Price Levels to Monitor

Reported about 10 hours ago

AMD shares have reached a five-month high following positive Wall Street reactions to its recent 'Advancing AI' event. The stock has broken out of a pennant pattern and closed above the critical 200-day moving average. Investors should note important price levels to watch: resistance at $145, $160, and $175, as well as support at $115 and $108. Analysts also speculate about potential partnerships with major firms like Amazon, further driving investor interest.

Source: YAHOO

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