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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Joey Smith who wrote (45566)1/14/1998 5:53:00 PM
From: Chip Anderson  Read Replies (1) | Respond to of 186894
 
FWIW, I've place a chart with my medium-term analysis up on coolhistory.com

The chart includes 50-day (blue) and 200-day (green) moving averages as well as a thick black 3% ZigZag indicator that helps clarify significant price movements. Green/red horizonal lines show support/resistance levels.

My analysis: INTC has just climbed above the major support/resistance level of 75 and should consolidate between 75 and 80 before moving higher.

Chip
coolhistory.com

Disclosure: I am currently long INTC