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Technology Stocks : Intel Corporation (INTC)
INTC 40.78+0.7%3:59 PM EST
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To: Raymond Thomas who started this subject1/15/2001 1:55:15 PM
From: vegetarian   of 186894
 
From December beginning to now, INTC chart has technically made a reverse head and shoulder
which could be bullish short term. If they do not miss earnings and have a confident outlook we
can see a quick run up to 42-45 range. I doubt it will go anywhere over that resistance for this half of
the year though, but if it did go to 42-45 range, IMO it will avoid seeing mid/lower 20's and consolidate in the 30's
for most of the year.
quote.yahoo.com
Caveat: all price predictions are useless, but today is a slow day, so ...
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