Bullish INTC (?)
Monthly chart showing a retest of the Aug 2010 lows where the main rally started from.
Appears to be strong demand (buyers) at this level. Will most likely hold, as this is only the second retest. Good area for some accumulation if you believe INTC has a future with their own foundry. Will probably take 2 years to reap the benefits and fill the massive gap back up to $30.
But if it fails then we go to the $8 area where it will be a steal of a deal.
Appears to be strong demand (buyers) at this level. Will most likely hold, as this is only the second retest. Good area for some accumulation if you believe INTC has a future with their own foundry. Will probably take 2 years to reap the benefits and fill the massive gap back up to $30.
But if it fails then we go to the $8 area where it will be a steal of a deal.
כתב ויתור
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