AMD is showing a classic Diamond. Don't miss the move.
Indecision. Widening then narrowing range.
Market participants tracking Advanced Micro Devices should note the latest formation. With a last close of $537.37, volatility remains active (4.86%). Price action has carved out a classic Diamond. Volume is strong (1.34x avg) with moderate trend strength (6.2). A potential breakout level is identified at $558.37, targeting $723.38 with support near $475.86 (R:R 2.0).
What is your outlook on AMD?