November 7, 2011

INTEL Chart Analysis

  • Intel daily chart is showing reversal after negative divergence in MACD Indicator.
  • Price has taken support at 23.28 level.
  • 20 SMA has broken on closing basis. Price breaking below 23.28 level again can extend correction for Intel.
  • QQQ SELLING ZONE
  • CISCO WEEKLY RESISTANCE LINE

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