October 28, 2026

Mike Shorr Trades the AMD Breakout

Mike Shorr stopped by Business First AM with Advanced Micro Devices (AMD), an AI chip stock bouncing back above its 50-day moving average. He walks through his breakout entry, his targets at the 20-day moving average and beyond, and what could slow the move down.

Mike Covered:

  • The key level AMD needs to break through
  • The 50-day signal he’s watching
  • His two targets for the move
  • The earnings report that could slow AMD down

Want to join Mike’s live trading room? Get qualified in less than 2 minutes!

about the author:

Mike Shorr

Since 1994, Michael has been an on-the-floor market maker, Vice-President of Interest Rate Derivatives for Knight Financial Products and Director of Education and Options Instructor at Trading Advantage. He makes the oftentimes complex world of options and trading accessible to the novice and advanced trader alike. Michael has a Bachelor of Science degree in Statistics and Finance from the University of Illinois Champaign-Urbana. He presently is Director, Trader Education at ProsperTradingAcademy.

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