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AMD stock may drop to $335 if key support breaks, signaling a potential correction after strong gains.

Technical Signals
11 Jul 2026
Finbold
View Source
Bearish
pluang ai news

AMD's stock could face a significant correction toward $335 if it falls below its daily 50-day moving average, a key technical support level. Despite strong performance in 2026 with over 150% gains and solid business results, bearish signals like weakening momentum in the Relative Strength Index suggest a potential pullback. The projected decline might occur around August 11, 2026, shortly after AMD's earnings report on August 4, which could confirm or negate this bearish outlook. Investors should watch the 50-day moving average closely as a trigger point for this possible correction.

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