Intel Upgrade

Interesting upgrade for Intel today. Intel had one of the worst looking charts of the bunch I looked at over the weekend. OBV is very weak, and the price pattern is nothing to write home about. If you buy the analyst's story this may be a good risk/reward situation though. The 50 day moving average is nearby, so that would be a good loss-cut point. We'll see if the fundamental guys can make the chart look better.

check out my neighbors in meatspace


Creative Commons License


This work is licensed under a Creative Commons Attribution - Noncommercial - No Derivative Works 3.0 License.


Quoted

"Trying to trade during a losing streak is emotionally devastating. Trying to play "catch up" is lethal." ~ Ed Seykota
  • Even if you don't have perfect credit, you may be eligible for a $500 payday loan. Apply today and receive cash advance by the next day, all via the Internet
Powered by Movable Type 5.01

About this Entry

This page contains a single entry by Michael published on June 30, 2003 10:17 AM.

Losing Steam was the previous entry in this blog.

Range-Bound is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.