we revisit the last analysis of intel stock (INTC), you can read the previous post here
new developments at intel that require further examination:
1- 22$ resistance, couldnt be broken.
2- creation of support at 19.9$ level.
3- stock volatility drop. the stock is trading in very narrow trade range, 22 - 19.9.
suggested action of buying volatility, buying symmetrical options strtegies before Fed rate decision, (buying put + call), or waiting for one envelope edge to break to enter with the trend.
Thursday, February 21, 2008
Intel Technical Analysis february revisit
That's all for today ... thanks for reading the post,
come back soon for more updates,
use the search to lookup for more interesting stocks you might be interested in,
feel free to leave your comments on the post, or contact me
enjoy your online market trading!!
have a nice day,
Shadi
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