Tracking key price levels in AMD stock is vital for day traders and swing traders to make informed decisions. Price levels are understood by institutions and market makers, leading to notable reactions.
AMD stock closed at $99.86 on 28 February 2025, with pre-market trading showing an increase to $101.18. The ability to maintain above the psychological level of $100 will influence short-term trends.
Key Support And Resistance Levels
Should the stock drop below $100, notable support levels exist at $93.12, $93.70, and $94.28. Conversely, if it remains above $100, resistance levels to observe include $102.65 and $103.92.
If AMD stock breaks beyond $110, the next resistance will be at $113.20 and $116.70. Key trading strategies involve position trading, swing trading, and short selling based on these identified levels.
Volume Profile assists in pinpointing liquidity zones, while psychological levels attract trading activity. Significant resistance and support levels include $100.00, $93.12 to $93.70, and $102.65 to $110.72.
A breakdown of $100 could indicate a decline toward $93-$94, while movement above $110 might lead to gains up to $113-$116. This report aims to provide traders with a comprehensive framework for decision-making.
The pre-market move above $100 suggests growing interest at this round number, a price point that often acts as a battleground between buyers and sellers. If demand holds firm, traders are likely to capitalise on upward momentum, eyeing the next resistance levels. Staying above this threshold would indicate control in favour of buyers, increasing the likelihood of a move toward $102.65 and beyond.
However, the market does not move in a straight line. A failure to sustain levels above $100 could trigger profit-taking, forcing a retest of lower support zones. Watching $94.28, $93.70, and $93.12 becomes necessary in such a scenario, as these have historically seen buying interest. If those fail to hold, a deeper retracement may follow.
Impact Of Volume On Price Movements
Volume plays a role in determining how meaningful these moves are. Higher participation around these levels strengthens their validity. Traders who incorporate volume-based strategies should pay close attention to how much activity accompanies any breakout or breakdown. A move through resistance with strong volume suggests conviction, whereas a low-volume breakout may warrant caution.
Short-term traders will need to remain flexible. A push past $110 would not be surprising if momentum builds, with $113.20 and $116.70 marking areas where selling interest could emerge. As these levels approach, traders should monitor whether buying pressure persists or begins to wane.
In the sessions ahead, price movement around psychological barriers, alongside liquidity pockets, will provide additional clues. Reacting to these shifts with well-defined strategies becomes a key part of generating consistency. Whether focusing on intraday opportunities or holding positions for extended moves, maintaining awareness of how price behaves at these thresholds will help navigate the coming weeks.
