INTEL CORP
(INTC-Nasdaq):
Technical Viewpoint: From a low
of $108 3/8 on Apr 14, 2000 prices
rallied, reaching a
high of $131.00
on May 1, 2000. A
decline saw prices pull back, reaching a
low of
$105 1/8 on May 10, 2000.
Another rally saw prices penetrate
resistance, closing 5/30/00
at $125 3/4. Technicals: MACD Index (MACD): A Buy Alert!
was given on May 30, 2000 when the solid line crossed the dotted line to the upside.
Support: Remains at $110.00. Resistance: Is at $130.00.
Point & Figure: Reversed to the upside on May 24, 2000. A P&F upside
reversal takes place at $117 1/2. Summary: Technical indicators have turned bullish. BUY! INTEL CORP
(INTC-Nasdaq) @ $126 1/8 Stop: Use a protective stop of $122 7/8.
INTEL CORP is currently trading @ $125 3/4 plus $8.19 on May 30, 2000. Price Objective:
$160.00. Risk/Reward: $3 1/4 VS. $33 7/8. Today's Risk Reward Ratio: 10:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$160.00
Risk/Reward:
$3 1/4 VS. $33 7/8
Risk/Reward Ratio:
10:1
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