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Stock Of The Day: New All-Time Highs For AMD?
Benzinga· 2025-08-13 18:33
Advanced Micro Devices, Inc. AMD shares are trading higher on Wednesday. The company recently reported its earnings. But the move may have temporarily stalled out. The stock has run into resistance at a former peak."Sell at former peaks" is an old adage, and it may prove to be good advice with AMD. That's why it is the Stock of the Day.As you can see on the chart, AMD has hit resistance around $186. There is resistance at this particular level for a reason. It was a peak in March 2024.Some investors and tra ...