INTEL CORP
(INTC-Nasdaq):
Technical Viewpoint: From a low
of $29.81 on Dec 29, 2000 prices
rallied, reaching a
high of $35 3/8
on Jan 4, 2001. A
decline saw prices pull back, reaching a
low of
$30.00 on Jan 18, 2001.
Another rally saw prices penetrate
resistance, closing 1/23/01
at $35 3/8. Technicals: Stochastic Oscillator (STOC): A Buy Alert!
was given on Jan 19, 2001 when the solid line crossed the dotted line to the upside.
Support: Remains at $32 1/2. Resistance: Is at $39.00.
Point & Figure: Reversed to the upside on Jan 19, 2001. A P&F upside
reversal takes place at $33.00. Summary: Technical indicators have turned bullish. BUY! INTEL CORP
(INTC-Nasdaq) @ $36 1/8 Stop: Use a protective stop of $33 5/8.
INTEL CORP is currently trading @ $35 3/8 plus $2.00 on Jan 23, 2001. Price Objective:
$48.00. Risk/Reward: $2 1/2 VS. $11 7/8. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$48.00
Risk/Reward:
$2 1/2 VS. $11 7/8
Risk/Reward Ratio:
5:1
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