
Advanced Micro Devices (AMD) has seen a significant uptick in trading activity with aggressive buying and strong performance. The stock has reached its highest levels in two months, surpassing its 200-day moving average. Analysts are optimistic, with some targeting a price of $174.64. The positive momentum is attributed to strong market action and technical indicators such as the weekly bull MACD cross. Investors are also keeping an eye on Micron Technology's (MU) earnings report, which could impact semiconductor stocks. AMD reached highs of the day and is up nearly 8 from yesterday's entry.
$AMD Wonderful follow through. I'd love to see us close here or higher. $MU reports tonight & could affect semi names tomorrow. Its up nearly 8 from yesterdays entry so trimmed some.
$AMD continues to look strong here. Still aiming for $174.64 as the target for my core on this swing. 😎 https://t.co/EmOQVS0pjV https://t.co/9kVoaL79is
$AMD strong action continues, making two month highs back over its 200 day MA and this week seeing the weekly bull MACD cross https://t.co/wVIF7Quyu4


