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AMD: ⬆️ Buy
– AMD rose above the resistance level 136.16
– Likely to rise to resistance level 150.00
AMD recently broke the resistance zone between the resistance level 136.16 (former strong support from 2024) and the 61.8% Fibonacci correction of the downward impulse from last October.
The breakout of this resistance zone accelerated the active short-term impulse wave 3, which belongs to the multi-month upward impulse sequence (3) from the start of April.
AMD can be expected to rise to the next resistance level 150.00, former monthly high from November and the target for the completion of the active wave (3).
Source: https://fxpro.news
