Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: tepli who wrote (2532)	4/22/1998 12:34:00 PM
From: MonsieurGonzo	Read Replies (1) \| Respond to of 11051

tepli; RE:" INTC - No resistance before 84...?" >We are trading now @81 3/8... No resistance before 84...? INTC, 200d EMA = ~79 now. 50d MA = 80.25 now. Resistance = 84.25 (gap) minor fibonacci lines at ~81-1/4, 82-3/4, 88, and 90-1/2. 14day Stochastics: very over-bought. >To me it looks like we broke to the upside. The DownTrend was broken on 13-APR, following a Morning Star candlestick pattern formed in the previous 3 sessions. After 13-APR, there was a 3-day technical correction back to the old DownTrend. The target does appear to be that gap at ~84, tepli - question now is, do you think INTC will 'consolidate' above its moving averages at 79-81 base, or just go pfffffttt after this frenzy is over ? -Steve