AMD(US:AMD) Finboldยท2024-12-27 11:41Stock Performance - AMD stock reached an all-time high of $210 on March 7 but has since declined to $124 75 with a 9 98% year-to-date loss [1] - In the last 30 days AMD stock prices have decreased by $124 75 [1] Analyst Predictions - Wall Street consensus predicts a 30% increase in AMD stock prices over the next 12 months [2] - Peter DiCarlo a technical analyst expects a 30% surge in AMD stock prices in Q1 2025 [4][5] - DiCarlo believes AMD stock will reach $170 before encountering resistance [6] Market Dynamics - Institutional investors are believed to have driven AMD stock prices to low levels [3] - DiCarlo suggests recent price drops are due to a stop hunt by institutional investors to trigger stop-loss orders [6] - A significant $1 5 billion volume shelf exists at the $120 price point indicating strong support [5] Technical Analysis - DiCarlo highlights that the volume accompanying the drop from $150 to $122 was meager suggesting potential for a quick recovery [5] - He expects an upward price trajectory in the next three six and twelve months [6] Expert Sentiment - Despite disappointing performance in 2024 researchers remain bullish on AMD [8][9] - DiCarlo is holding call options on AMD stock with an expiration date in February 2025 [6]