AMD Breakout
By Johns Wu on May 22, 2006
The stock chart for AMD is looking bullish as it has gapped up to close above the downtrend resistance and the 50DMA.
As AMD continues to gain marketshare from INTC (ie, Dell servers shipping w/ AMD Opterons), I think that money will continue to flow into AMD in the weeks to come, so keep it on your watchists.
This entry was posted on Monday, May 22nd, 2006 at 3:26 am and is filed under Annotated Analysis.
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