Technical Analysis of STOCKS & COMMODITIES
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ARTICLE SYNOPSIS...Intel rallied to a key retracement area and then formed a bearish candlestick reversal pattern. This points to resistance and possibly even a reversal of the current uptrend.
ARTICLE SYNOPSIS...The semiconductor group got hit pretty hard in July and August, but a bullish breakout in shares of Intel Corp. now seems to imply that a rally may have begun.
ARTICLE SYNOPSIS...Intel formed a bullish continuation pattern over the last two to three months, and a breakout would signal a continuation of the long-term uptrend.
ARTICLE SYNOPSIS...The formation of a bullish flag in Intel suggests higher prices for the chip manufacturer, and the analysis of the longer-term trend also supports this forecast.