INTEL CORP
(INTC-Nasdaq):
Technical Viewpoint: From a low
of $18.96 on Sep 21, 2001 prices
rallied, reaching a
high of $21.96
on Sep 25, 2001. A
decline saw prices pull back, reaching a
low of
$19.08 on Oct 3, 2001.
Another rally saw prices penetrate
resistance, closing 10/10/01
at $23.06. Technicals: MACD Index (MACD): A Buy Alert!
was given on Oct 10, 2001 when the solid line crossed the dotted line to the upside.
Support: Remains at $21.00. Resistance: Is at $26.50.
Point & Figure: Reversed to the upside on Oct 4, 2001. A P&F upside
reversal takes place at $21.50. Summary: Technical indicators have turned bullish. BUY! INTEL CORP
(INTC-Nasdaq) @ $23.25 Stop: Use a protective stop of $21.25.
INTEL CORP is currently trading @ $23.06 plus $1.61 on Oct 10, 2001. Price Objective:
$31.00. Risk/Reward: $2.00 VS. $7.75. 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:
$31.00
Risk/Reward:
$2.00 VS. $7.75
Risk/Reward Ratio:
4:1
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