AMD Is Approaching Support, While Finishing A Correction
Nov 20, 2025

AMD

AMD remains in a strong uptrend after a 50% rally since October, supported by strong earnings. Recent price action suggests a temporary corrective pullback, likely forming wave four in a five-wave structure. Key support levels are around 220 and then 200. As long as price stays above 187, AMD could stabilize later this month or early December and resume its move to new highs.

Highlights:
Trend: Strong uptrend, wave four correction in view
Support: 220 / 200 zone
Invalidation: Below 186
Note: Wait for a pullback to complete before considering new long opportunities

AMD Is Approaching Support, While Finishing A Correction AMD Daily Chart
AMD Daily Chart

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