INTEL FOR TECHNICIANS Message Board

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Technology Stocks : INTEL FOR TECHNICIANS

INTC 41.34

-0.4%

Oct 29 3:59 PM EDT

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To: Thomas M. who wrote (1458)	7/10/1997 3:18:00 PM
From: Jim Cash	of 1513

154 area is the key number and major resistance. It was the high of the debacle day . It is also significant in that it is the Fib retracement level from the high to the low of the debacle day. It may take a couple of passes to break it... Short term ADX,Stoch,MACD are all positive. Intermedidate (Weekly) ADX,Stoch and MACD have recently or are about to turn positive. Things are looking a bit brighter BUT 154 is the key number (155 would be safer) to close over with VOLUME... Volume on this rally has been average at best.

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