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Technology Stocks : INTEL- Money Making Option Ideas for Small Investors
INTC 39.98-0.4%3:59 PM EDT

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To: IQBAL LATIF who wrote (116)7/3/1997 9:22:00 PM
From: IQBAL LATIF   of 201
 
Folks- TA on INTC- Very positive- IF INTC runs- every thing else in Tech will move like IBM MSFT COMS ASND .

UO- flat

Moving averages- I would like INTC to close above 1481/2, very critical.

DMI- +D1, -D1 and ADX- good pattern- ADX below 50, but I have compared and pattern suggests a move up imminent. Similar numbers last time with declining ADX resulted in a run up.

STOCHASTICS- K%andD% ratios and intersection bullish, I think comparison shows good potential of move up.

RSI and long term MA if intersects short term MA we are in for a quick move to 152 however inability will cause INTC to drop back to 140. MACD signal is also good.
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