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Strategies & Market Trends : Technical Analysis - Beginners
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To: Smooth Drive who wrote (11528)2/10/2001 11:31:13 PM
From: Trader X   of 12039
 
Hi Eric,

glad you liked the INTC and KLAC candle charts. I also think INTC has to drop a bit more, although it doesn't have to. but a drop to the bottom of the BB would give the H/S pattern symmetry with the left shoulder. And I believe what we all need more of is symmetry, don't you think?

down to $31 1/2, maybe on monday, then a bounce to try and take out that neckline at $38. On double the average volume, I would think.

BTW, I enjoyed the stockcharts site, I will play around with and see how it works out.
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