A strong new buying opportunity for AMD stock with low risk

AMD stock has broken out of its sideways consolidation phase.

As we predicted, it has risen to target resistance levels near $267.

The stock has also established strong new buying zones,

a clear and strong indication of buyer dominance.

New Buy Zones

As mentioned, the stock has established new buying demand zones, 

which are considered better buying opportunities.

These zones are located near the $212 level.

If these zones are tested, we expect a rise to $231, $250, and $267.

This analysis will be invalidated if the demand zones are broken

 and the price closes below them with a full daily candle.