INTEL CORP
(INTC-Nasdaq):
Technical Viewpoint: From a low
of $50 1/8 on Jun 1, 1999 prices
rallied, reaching a
high of $68.69
on Jul 15, 1999. A
decline saw prices pull back, reaching a
low of
$62 3/4 on Jul 26, 1999.
Another rally saw prices penetrate
resistance, closing 7/27/99
at $67.56. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jun 29, 1999 when the Histogram crossed the "0" line to the upside.
Support: Remains at $64 3/4. Resistance: Is at $68 3/4.
Point & Figure: Reversed to the upside on Jul 27, 1999. A P&F upside
reversal takes place at $65.00. Summary: Technical indicators have turned bullish. BUY! INTEL CORP
(INTC-Nasdaq) @ $68 1/4 Stop: Use a protective stop of $65 1/2.
INTEL CORP is currently trading @ $67.56 plus $4.68 on Jul 27, 1999. Price Objective:
$79 1/2. Risk/Reward: $2 3/4 VS. $11 1/4. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$79 1/2
Risk/Reward:
$2 3/4 VS. $11 1/4
Risk/Reward Ratio:
4:1
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