Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.72

+3.0%

Jan 14 3:59 PM EST

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To: Chip Anderson who wrote (40660)	11/19/1997 1:39:00 PM
From: K. Bloomquist	Read Replies (2) of 186894

The pattern that matches the Fri. Mon. Tues action that you accurately described is an Upside Tasuki Gap. I was surprised to see a bullish pattern after Tues but the logic seems to be that some sellers were flushed out Tues but not enough to send the price below the Fri close - therefore still a bullish pattern. I don't think it's an evening star because the Tues close was above the Fri close. Anyway I appreciate your comments as I trying to learn more. Intc is hanging tough today (at least the last time I looked) so maybe there will be something to this.

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