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Expert warns AMD stock ‘turning into a sell’, predicts next low target price
Summary by Finbold
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1 Articles
Expert warns AMD stock ‘turning into a sell’, predicts next low target price
Advanced Micro Devices (NASDAQ: AMD) may be nearing the end of its current bullish cycle, with technical analysis suggesting the stock could soon face a major correction. This caution comes despite a strong rally fueled by advancements in artificial intelligence. At the close of the last trading session, AMD was valued at $258.01, down 0.6% for the day but up nearly 115% year to date. AMD one-week stock price chart. Source: Finbold AMD stock pri…
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