Stock Attack -- A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Hawk who wrote (6019)	2/12/1998 3:26:00 PM
From: Ms. X	Read Replies (2) of 42787

Hi Hawk, I'd like to see Intel say above 82. That was a bottom created in October before it fell to 70. Next area of support is at 75 and complete breakdown would be at 70. The daily momentum just turned negative for Intel but the weekly momentum is still positive.. The stock had run up considerably and was on a high pole warning. This much of a pullback is not a surprise. I don't think Intel is in any kind of trouble, the sector is good and the relative strength is strong. I would wait to see where Intel wants to bottom and then add positions once that is determined. All the best, Jan

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