Technical Analysis of STOCKS & COMMODITIES
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Intel Downside: Chipzilla Meets the Descending Triangle
ARTICLE SYNOPSIS...After gapping down five points in September, shares of Intel moved into a two-month trading range. Now a descending triangle threatens to send the king of the chipmakers on another ride down.
ARTICLE SYNOPSIS...There are many reversal patterns and among them, the triangle pattern is one of the most significant. However, reversals do not always occur.