juiceman
Short

INTC PROB TEST WEEKLY TREND

BATS:INTC   INTEL CORP
280 2 0
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.
juiceman PRO
4 years ago
QE3 announced don't be caught short now. Fundamentals out the window...
Reply
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