Advanced Micro Devices Turns to the Downside

Advanced Micro Devices (AMD), a major rival to Intel (INTC), is on the price downside. The Price Direction Indicator (PDI) made a double top on February 27 and then turned down. The cumulative percent winners and cumulative returns have turned to the downside.

Avoid AMD and if you own it, prepare a sell plan.

Posted March 14, 2006.

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