AMD: Ready To Move Higher (Technical Analysis, Rating Upgrade)

When I last covered Advanced Micro Devices, Inc. (NASDAQ: AMD ) on May 2nd, 2024 with “ AMD: Uptrend In Danger of Reversal ,” the stock had experienced fairly dramatic declines of nearly -37.9% in less than eight weeks. As aAnalyst’s Disclosure: I/we have a beneficial long position in the shares of AMD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no ...