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Advanced Micro Devices Inc. (AMD)

We don’t usually comment on stocks just before earnings reports, but the relative strength and technical action in computer chipmaker Advanced Micro Devices (AMD), who reports results after the close today, has been particularly intriguing. After climbing 13 spots yesterday and moving up 30 positions over the last month, AMD has returned to the Green Favored Zone of the SIA S&P 500 Index Report from a short dip into the yellow zone.

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