AMDAdvanced Micro Devices, Inc.BATS:AMDDailyPipPulsethe weekly price action of Advanced Micro Devices Inc (AMD):The stock is trading near a critical resistance zone marked with a rectangular box just below $180.In the past, this area acted as a rejection point, evident from prior pullbacks when the stock neared these levels. The chart reflects a larger declining channel. Current price action shows AMD approaching the upper boundary of this channel, which may act as dynamic resistance. If AMD breaks above the $180 resistance convincingly, there’s potential for the stock to aim for higher targets, such as the next major zone ($240). Failure to break above $180 may lead to a retest of lower levels, potentially near $140 or the breakout zone ($100-$120).