July 18, 2012

INTEL Chart analysis

  • Intel weekly chart near 50 Week SMA and crucial support level as shown in 2nd chart.
  • Last chart with stochastic indicator shows oversold daily chart which might result in a bounce.
  • Price sustaining above 200 SMA and falling resistance line should result in an up move.
  • S&P 500 ANALYSIS AFTER CLOSE


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