The Stock is a bit Overbought since Thursday 1/31 Post Earnings.
Could not sustain the initial Spike above 2100.
Could not hold above 2085 in pre-market Friday
Close with weak action just above 2000..
More downside to come next week ?
This long term historical trend does not bold well for AMD stock after gaining over 350% in 2020.
But that was then and under this new cycle, can current shareholders dare dream for a run to triple digits ? successfultradings.com