January 19, 2013

INTEL Weekend update


  • INTEL Weekly chart shows price getting resisted at 38.2% Fib level and price closed back below 23.6% Fib level.
  • Price closed below 200 Week SMA.
  • Monthly Fib levels shows price falling from 38.2% Fib level. Correction could extend towards 19.15 levels near Golden ratio which is a strong support level for INTEL.
  • APPLES BEARISH CROSSES
  • DOW JONES TRIPLE DIVERGENCE
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