AMD: advancing higher?An uptick in price above 114.00 is indicative of a potential bullish trend.
This trend direction is reinforced if the price breaks above the 121.00 threshold.
The target price is set at 129.00.
The stop-loss has been strategically set at 109.00 to manage the potential downside.
A volatility squeeze appears to be developing (see the lower panel).
Reward to risk 2.5 to 1.