Best Zones to Buy AMD Stock for the Medium and Long Term

AMD stock continues to trade within a strong uptrend on the daily timeframe, having successfully broken through significant prior resistance levels—a move that reinforces the likelihood of continued upward momentum in the long term.

Positive news continues to emerge, noticeably impacting the stock, while forecasts point to substantial long-term gains.

Projected Targets

In the event of a correction and a retest of demand zones near the $515.34 level, the stock is expected to resume its upward trajectory, targeting the $553 and $597 levels, respectively.

However, this analysis—and the expected rise—would be invalidated if the price breaks below the identified buying zones and closes a daily candle there.