AMD at $203 shows signs of topping, with H1 momentum rolling over. A decline toward $130 is expected as the market digests high valuations and competitive pressure in AI chips. The $130 zone offers an attractive buy level, with a long-term upside target of $250 once trend reverses.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.