INTC near to breakout !!!
Sunday, November 04, 2007
Chart courtesy of stockcharts

Shares Intel were up on Friday more than 1% to $26.80 in a volatile sessions for almost techonogy companies. Stock have traded nearly 58 millions shares, in line with the normal average for a day like Friday. Well, looking at the chart above INTC is developing a bullish triangle in the daily time frame, so it will be intersting to see if this big player will breakout the $27 mark over the next sessions. Indicators are all with Bullish indications so stay tuned in this stock.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.

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posted by Pro Investor Trader at 11:41 AM | Permalink


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