Best Zones to Buy AMD Stock (Daily Timeframe)

AMD stock has successfully broken out of a downtrend, following several "false breaks" below previous support levels—a positive signal indicating the emergence of buying pressure.

The stock has established new, robust buying zones, which currently represent the best entry points on the daily timeframe.

Expected Targets

Should the stock retest these new demand zones—located near the $452 level—a resumption of the uptrend is anticipated, with potential targets at $506 and $568, respectively.

Conversely, this analysis (and the projected bullish move) would be invalidated if the price breaks below these daily demand zones and closes underneath them with a strong bearish candle.