$AMD - Can it breakout this time?NASDAQ:AMD is trading inside a descending wedge and recently rebounded from the 200DMA, base trendline, and 50% retracement.
Currently, it is testing the upper trendline. If it can break out, there is potential for it to reach $120.
The direction will likely depend on tomorrow's payroll data, which could lead to either a breakout or a rejection.👀