AMD Rebounds: Is $220 the Next Stop?

AMD closed up 3.47% at $217.50, hitting a recent high and decisively breaking above the previous $213 resistance zone. The ongoing AI compute demand narrative continues to support its valuation. Demand for MI300X orders remains strong, while expectations for gaining share in the mid-to-low-end inference market are intact. ๐Ÿ‘‰ $215 now acts as a new support level, with $220 as the next resistance. Can AMD establish its own narrative?

avatarIsleigh
04-03 23:32

AMD Just Broke Out, But $220 Is Where the Real Game Begins

AMD is no longer lagging. It just made a decisive move above $213, and that changes the structure completely. But here is where most traders get it wrong: ๐Ÿ‘‰ The breakout is not the opportunity ๐Ÿ‘‰ The reaction at $220 is ๐Ÿงฉ The $213 Flip: From Resistance to Fuel The clean break above $213 is not just technical. It signals: Buyers are willing to pay higher prices Previous sellers have been absorbed Momentum has shifted from hesitation โ†’ conviction Now, $213โ€“$215 becomes: ๐Ÿ‘‰ The new demand zone As long as AMD holds this range, dips are likely to be bought, not sold. ๐Ÿค– AI Narrative Is Intact, but It Is Evolving Yes, AMD is riding the AI wave. But this is not just hype anymore. The real story: MI300X demand is real, not speculative AMD is targeting inference, not just training This opens a massive
AMD Just Broke Out, But $220 Is Where the Real Game Begins
avatarWealth Wizard
04-03 17:50
avatarOption_Movers
04-03 16:05

Option Movers | Tesla's Put Options Surge 700%; U.S. Oil Fund's Volume Jumps 3.7 Times

U.S. stocks ended โ€‹slightly mixed on Thursday (Apr 2) after paring deeper losses, as diplomatic signals from the Middle East helped calm markets rattled โ€Œearlier by U.S. President Donald Trump's threats of tougher action against Iran ahead of a long holiday weekend. Regarding the options market, a total volume of 58,172,979 contracts was traded on Thursday. Top 10 Option Volumes Top 10: $Tesla Motors(TSLA)$, $NVIDIA(NVDA)$, $Intel(INTC)$, $Micron(MU)$, $Apple(AAPL)$, $AMD(AMD)$, $VIX(VIX)$,
Option Movers | Tesla's Put Options Surge 700%; U.S. Oil Fund's Volume Jumps 3.7 Times
avatarJo1409
04-03 06:40
avatarDeonc
04-02 23:02

Big tech stocks sank

$SPDR S&P 500 ETF Trust(SPY)$   $Nasdaq 100 Trust(QQQ)$   Big tech stocks sank in morning trading as war jitters over Iran deepened, after U.S. President Donald Trump dashed hopes for clarity on when the Middle East conflict might end. Tesla fell 4%; Palantir, Oracle, Broadcom, TSMC, Meta, and AMD fell 3%; Alphabet, Amazon, Apple, and Nvidia fell 2%; Microsoft fell 1%. Trump said in a prime-time address that the U.S. would hit Iran \"extremely hard\" within weeks, arguing that key military objectives were close to being met and the conflict nearing an end. He set no timeline for an exit, however, keeping investors guessing about the
Big tech stocks sank
avatarAMDidass
04-02 16:18
$Advanced Micro Devices(AMD)$  it came down a bit but no worry! It sure will go back later! $NVIDIA(NVDA)$   same for this! Sure going back and even go higher later! Let's see!