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Advanced Micro Devices (AMD) has recently shown signs of volatility in its stock performance. As of December 18, 2024, AMD's stock was noted to be trading at new 52-week lows, indicating a downturn. However, some traders have observed a potential bullish reversal, with reports of the stock turning from red to green during the trading session. Analysts are monitoring the daily chart for signs of a reversal, suggesting that there may be a shift in momentum. Despite these observations, the overall sentiment remains cautious as AMD continues to struggle at these lower price levels.
