juiceman

INTC PROB TEST WEEKLY TREND

Short
BATS:INTC   Intel Corporation
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INTC RECENTLY GUIDED LOWER CAUSING SELL-OFF WITH WEAKNESS IN PC MARKET.

KEYS TO WATCH:

1) SEE IF INTC TESTS THE LOWER TREND AND CAN HOLD IT. TEST DOWN TO 21.70 IS STILL HOLDING

2) SUGGEST COVER SHORT AT TREND LINE TEST

3) IF YOU SEE A FURTHER BREAKDOWN TOWARD 19.50 LEVEL RESUME SHORT.

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QE3 announced don't be caught short now. Fundamentals out the window...
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