INTEL CORP
(INTC-Nasdaq):
Technical Viewpoint: From a low
of $73 5/8 on Nov 16, 1999 prices
rallied, reaching a
high of $82 1/4
on Nov 24, 1999. A
decline saw prices pull back, reaching a
low of
$70.56 on Dec 13, 1999.
Another rally saw prices penetrate
resistance, closing 1/3/00
at $87.00. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Dec 17, 1999 when the Histogram crossed the "0" line to the upside.
Support: Remains at $83 1/4. Resistance: Is at $89 1/2.
Point & Figure: Reversed to the upside on Dec 15, 1999. A P&F upside
reversal takes place at $82 1/2. Summary: Technical indicators have turned bullish. BUY! INTEL CORP
(INTC-Nasdaq) @ $87 1/2 Stop: Use a protective stop of $84 5/8.
INTEL CORP is currently trading @ $87.00 plus $4.69 on Jan 3, 2000. Price Objective:
$103 1/2. Risk/Reward: $2 7/8 VS. $16.00. 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:
$103 1/2
Risk/Reward:
$2 7/8 VS. $16.00
Risk/Reward Ratio:
5:1
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