AMD Update and New Outlook.
In my previous forecast, I maintained a bullish stance on AMD, identifying entry zones between $176 – $172 and projecting a potential move toward $200, with a longer-term target near its all-time high of $226.
Following the recent news of OpenAI acquiring a 10% stake in AMD, the asset successfully reached my forecasted targets.
After the subsequent rally, AMD has experienced a natural pullback, presenting fresh long-term opportunities.
I’m currently watching two new buy zones at $200 and $185 for potential long-term positions.
As always, this is not financial advice. Please conduct your own research (DYOR) before making any investment decisions.
Connect with me here on TradingView. Please, like, follow me and connect.
Previous forecast
In my previous forecast, I maintained a bullish stance on AMD, identifying entry zones between $176 – $172 and projecting a potential move toward $200, with a longer-term target near its all-time high of $226.
Following the recent news of OpenAI acquiring a 10% stake in AMD, the asset successfully reached my forecasted targets.
After the subsequent rally, AMD has experienced a natural pullback, presenting fresh long-term opportunities.
I’m currently watching two new buy zones at $200 and $185 for potential long-term positions.
As always, this is not financial advice. Please conduct your own research (DYOR) before making any investment decisions.
Connect with me here on TradingView. Please, like, follow me and connect.
Previous forecast
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