Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 50.59

+4.9%

Feb 6 9:30 AM EST

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To: jack c rains who wrote (6891)	12/27/1996 12:17:00 AM
From: Sajjad	of 186894

Having read your earlier posts about trend reversal of Intel, (gap up being filled plus two ticks), it appears that it was a very close call. In fact the call for Intel to turn the other way was missed by a tick? IS that right? or was it supposed to go thru the second tick not just simply hit it. I am assuming the last close was 135 1/4 and the gap up today was 5/8. In any case I have decided to hold my INTC position overnight, assuming, it has tested the support, now its time to test the resistance tomorrow. Looking Forward----

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