AMD Appears Primed To Return To Its Recent Highs (Technical Analysis)

nmlfd Last month, Advanced Micro Devices, Inc. (NASDAQ:AMD) was on the verge of breaking out of an extended downtrend. Then, it and the vast majority of semiconductor and AI related equities sustained an extended period of decline that culminated in early August. As it turns out, AMD also touched the bottom of the trading range when the market touched its recent low. Since then, like many other peers, it has substantially appreciated. I believe it is entirely likely that AMD will again test the top of t ...