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

To: Ibexx who wrote (46501)1/27/1998 12:56:00 PM
From: Rarebird  Read Replies (3) | Respond to of 186894
 
That pennant formation has been propelling Intel to a re-test of the 200 day moving average at about $80. After some initial minor resistance, I would expect that to be broken too. It looks like we are poised to test the old highs at about $100, after we get through some major resistance in the $85-87 level. This is a major move which I expect will gather alot more steam before it's over. Fasten those seat belts!


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