AMD Stock Drops As Bearish Technical Pattern Emerges
Technical analysis indicates a bear flag breakdown on AMD's 4-hour chart, suggesting potential further downside risk for the stock price. Failure to breach the $218-$240 resistance level could lead to a decline towards the $165 area, representing a potential drop of up to 20%. Investors should closely monitor key resistance and support levels and exercise caution when making investment decisions. The bear flag breakdown pattern suggests continued bearish momentum.









