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Strategies & Market Trends : Technical Analysis - Beginners

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To: Trader X who wrote (11517)	2/10/2001 6:47:12 PM
From: Smooth Drive	Read Replies (2) of 12039

Hello Trader X, INTC - Another good looking inverted hammer. Yesterday's action not only took out the 21 DSMA but the 50 DSMA as well. I saw the not so perfect hanging man on 2/1 when the fast and long MACD's were nice and overbought. Put it in my watchlist to follow and it did go down. stockcharts.com[l,a]daclyymy[pb50!b200!d21,2][vc60][iUa13,34,5!La8,17,9!La13,34,89] I don't think it's done falling. The P&F incomplete bearish price objective is right at the past support in the 29is area: stockcharts.com Take care, Eric

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