Advanced Micro Devices Inc. (AMD) saw its stock price rise by approximately 7% on March 24, 2025, following a positive note from Cleveland Research. The stock's increase was also influenced by the purchase of significant call options for 2026 and 2027 at $100, indicating strong investor interest. The stock moved above the 55-day moving average for the first time this year, signaling a potential shift in market sentiment. AMD's price approached key resistance levels, with targets set at $116.55 and $119.85. Traders were closely monitoring the stock, with some suggesting potential roll-ups to the 115/120C options. The stock also tested levels around $113 and $115, with a former gap at $114.79 being of particular interest. Technical analysis indicated that AMD broke above its 1-day moving average of 50, ending a bearish trend and confirming the start of a new bullish leg, with expectations of reaching the 1-day moving average of 200 at $135.