Schwab Network

Chart of the Day: AMD


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Ahead of next week's earnings event, Rachel Dashiell dials up the chart patterns to track for AMD Inc. (AMD). She says recent RSI momentum patterns have been giving a "warning" of possible waning to the upside. Rachel identifies near-term upside resistance around $352/$355 with the first downside support levels coming in around $345. Zooming out to a 9-month timeframe, she illustrates the significant run in share prices since the end of March.


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