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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Teresa Lo who wrote (22936)10/6/1999 12:05:00 PM
From: AlienTech  Read Replies (2) | Respond to of 43080
 
>>Neat chart, but what's the name of the stock?
<<

Its on your site and you dont know? Some of us are IN IT without a choice.



To: Teresa Lo who wrote (22936)10/13/1999 2:11:00 AM
From: Teresa Lo  Read Replies (2) | Respond to of 43080
 
INTC - Chart and Technicals

After the market closed Intel (INTC) delivered earnings two cents shy of expectations. Note the uptrend on the daily chart had been broken in early September and, over the past two weeks, had formed a classic bear flag consolidation pattern at resistance at the 20-day EMA and 50-day MA. Yesterday's trading volume was unusually large and produced a Japanese candlestick named "spinning top", on a lower close, which was a negative going into the announcement. It was interesting how television announcers could hardly believe their eyes when the numbers came out, but the chart had been pointing down for sometime, scoring another point for the old saw of the technician that "price and volume never lie".

intelligentspeculator.com