Chipmaker AMD, Rebounds From Short Downtrend

AMD stock rebounded from its 50-day moving average line in a show of strength on Monday. However, trading volume in AMD stock has been underwhelming lately. Volume on Monday was 23% below average. Aggressive investors could have used 106.98 as an entry point. That's just above last Thursday's high.

• AMD stock rebounded from its 50-day moving average line
  Aggressive investors could have used 106.98 as an entry point
  AMD is forming a double-bottom base with a 114.59 buy point