INTEL FOR TECHNICIANS Message Board

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Technology Stocks : INTEL FOR TECHNICIANS

INTC 39.38

+6.7%

Jan 2 9:30 AM EST

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To: SteelBlueIce who wrote (1377)	6/5/1997 2:50:00 AM
From: Ken Carter	of 1513

Hello Jerry, I was checking charts tonight, and figured I would post my read on INTC. I see support at 140.89 STOCH is way over sold. A close below 140.89 could signal a move to 130.16 If you draw a trend line from Sept. 6th 1996 to the last down leg on April 4th of this year, todays close is in perfect line with this moving support line. This could signal another move up shortly. I would not be too quick to sell those INVESTOR shares your holding... If your worried about your livelyhood, I would look for a sell point of 157.20 to 159.24 to unload your shares or at least to rethink your position... I too have a few stocks that I have become an INVESTOR in.... I HATE it when that happens!!! (G) Have faith! and good luck! Kenny

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