How Verified Investing’s view on $AMD changed

2026-09-09
“Google Breaks Its Trend Line: Where Drew Is Buying ($301)”
AMD breakout requires confirmation via secondary push beyond initial daily close to validate trend line flip from resistance to support before buying.

Next up, a very similar chart, guys. We've got AMD. Now, AMD has broken out from this near-term trend line. Now, this isn't the high pivot, which is illustrated from this second trend line that I'm highlighting right now above current price right at 52796.

So, you can see price over the last four trading days nearly straight up, gapping over this first uh declining trend line for a breakout, not even retracing, and then just running straight up and kissing the resistance level today.

2026-09-08
“Bloom Energy S&P 500 Addition & Macro Breakouts”
AMD has initiated a near-term breakout; clearing the major declining trend line at $523.40 is required for new all-time highs.

Lastly, before we get into the last chart, let me show AMD as well cuz AMD has had some good news as well elevating the stock up 5.9% today initiating a near term breakout from this pivot high that you see back here in July of 20 22nd of this year.

Now notice, this is certainly a fantastic move for AMD but we've got to clear these pivots which also likely are going to come in contact with this declining trend line. This is the big one guys, the one from the high on the chart connected to the next major pivot.

This would be the major line for AMD to cross to get into discussions for hitting the brand new all time highs and that level's at $523.40.