Advanced Micro Devices Continues Its Upside

Advanced Micro Devices (AMD), a producer of microprocessors, flash memory devices, and embedded microprocessors, keeps going up. AMD has very strong product cycle momentum as it continues to roll out new products. The stock is on a very steep upside and faces resistance around $35. If AMD breaks above $35, it's next major resistance is around $45.

Posted January 10, 2006.