Expected New Movement for AMD Stock

AMD stock is currently moving sideways,

confined between support levels near $194

 and supply zones near $223 and $235.

We may see a return to the support level near $194.

Expected Scenarios

If the support level at $194 is broken and the price closes below it,

we may see a decline to the next demand zone near $157.

However, if the price breaks through the current supply zone

 and closes above it with a daily candle,

we may see a retest of the previous high near $267.

In any case, please exercise caution when trading this stock.