Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 47.14

-6.1%

Feb 10 3:59 PM EST

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To: Thomas J Pittman who wrote (32766)	9/25/1997 12:02:00 PM
From: vinod Khurana	of 186894

For your information. Triple top ? INTC about to fall ? Take a look at the INTC daily chart at the following site: dbc.com Draw the resistance line touching the points at the highs reached on the following days: 1. week ending August 8th. 2. week ending August 22nd 3. week ending Sept 26th (this week) Notice, how the stock has failed to pass this line. Also, we are very close to the 50 day moving average. Can the support be at the line connecting the low points made on the: 1. week ending July 31st 2. week ending August 22nd. ?? The big questions remains, are we about to break the 50 day moving average ? If so, how low can we go ? I say $87 1/2 to the downside before it is pushed back above $90. We need to pass $99 1/8 and the high it reached yesterday to confirm that a new high is in the offering. Good luck to all. V.K

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