Monday, January 31, 2011

Intel Corporation (INTC) chart analysis

Intel Corporation (INTC) chart analysis ;
1) Confirmed lower highs
2) Price heading to that key support level ?
3) Today's news did NOT create a GVN condition (Gap, huge Volume and high impact News)
4) Bad news priced in ? Probably
5) Allow a few days to see how price reacts around that key support level
6) Do NOT short !

1 comments:

Anonymous said...

Hi Moise,

Could you share your opinion about Oil price? Thank you.