October 27, 2013

INTEL Weekly Triangle

  • INTEL Weekly chart shows a triangle pattern with price moving towards the resistance line of the triangle. On closing basis price has closed outside the pattern as shown in second chart. 
  • Last chart shows price closing above 100 Week SMA. Sustaining above this line should lead to up moves in the coming week.
  • ES Ascending Triangle
  • DOW Jones Weekend update

No comments:

Post a Comment