INTEL CORP
(INTC-Nasdaq):
Technical Viewpoint: From a low
of $19.99 on Jun 25, 2003 prices
rallied, reaching a
high of $25.50
on Jul 16, 2003. A
decline saw prices pull back, reaching a
low of
$23.33 on Aug 8, 2003.
Another rally saw prices penetrate
resistance, closing 8/18/03
at $26.19. Technicals: MACD Index (MACD): A Buy Alert!
was given on Aug 18, 2003 when the solid line crossed the dotted line to the upside.
Support: Remains at $24.75. Resistance: Is at $28.20.
Point & Figure: Reversed to the upside on Aug 13, 2003. A P&F upside
reversal takes place at $24.85. Summary: Technical indicators have turned bullish. BUY! INTEL CORP
(INTC-Nasdaq) @ $26.25 Stop: Use a protective stop of $24.25.
INTEL CORP is currently trading @ $26.19 plus $1.14 on Aug 18, 2003. Price Objective:
$39.75. Risk/Reward: $2.00 VS. $13.50. Today's Risk Reward Ratio: 7:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$39.75
Risk/Reward:
$2.00 VS. $13.50
Risk/Reward Ratio:
7:1
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