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After testing the resistance line numerous times, AMD is once again approaching this line. Can we expect a bullish trend to follow?

AMD is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If AMD continues in its current trajectory, we could see it reach 123.6771 within the next 3 days.

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