Showing posts with label INTC. Show all posts
Showing posts with label INTC. Show all posts
Thursday, January 6, 2011
Intel (INTC) Chart Analysis
After it hits 50% retracement level in September at $17.4, Intel is now below 50 DMA but above 200 DMA, expect a sideway pattern before a few chances of fast price appreciations, ultimate price goal is $30
Tuesday, October 19, 2010
Intel (INTC) Chart Analysis
While the Stock Market is making new highs since early September, semiconductor and financials didn't participate. The chart below shows Intel has been trending down in a series of lower highs and lower lows, with about a month in between each pivotal points. Next important level is $16.27 because it's intersection between 38.2% retracement and lower trend line.
Subscribe to:
Posts (Atom)