AMD pulled back!
$Advanced Micro Devices(AMD)$ has finally broken above the daily market bias for the first time since October 2024—a major shift.
Now that we’ve pulled back, we want to see if this confirms as a higher low and structure begins to shift.
If that holds, we could see price work its way up to $114–$120, aligning with the weekly market bias and likely acting as the next key rejection zone short term.
If price fails here and breaks down through the BX into $96, I’d expect another month of downside.
Historically, though, this setup resolves to the upside ~65% of the time.
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