Chipmaker AMD, Rebounds From Short Downtrend

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AMD stock rebounded from its 50-day moving average line in a show of strength on Monday. However, trading volume in AMD stock has been underwhelming lately. Volume on Monday was 23% below average. Aggressive investors could have used 106.98 as an entry point. That's just above last Thursday's high.

  • AMD stock rebounded from its 50-day moving average line
    Aggressive investors could have used 106.98 as an entry point
    AMD is forming a double-bottom base with a 114.59 buy point

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