AMD stock price is predicted to retest $155, and possibly $145. Following this retest, an explosive move back towards $175 and eventually $200 is expected, contingent on the 13-day Moving Average (purple line) crossing the 48-day Moving Average (blue line) on the one-day chart. This move is expected within 1 to 4 weeks from the video's publication date (2024-05-17).
"there will be a retest of 155 and possibly 145... next time it tests 145 I want you guys to be looking to catch this move back to the upside because by that time the purple line will have crossed the blue line and that's going to give you an explosive move back towards 175 and eventually 200"