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INTC Looks Healthy and Promising Technically

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 23, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    This group of big-cap technology names shows the various positions of Microsoft Corporation (MSFT), Apple Inc. (AAPL), Cisco Systems, Inc. (CSCO), and Intel Corportation (INTC). While MSFT exhibits the most bullish pattern, it remains in a high-level digestion period that could involve a pullback into the 51-50 support zone prior to upside continuation. INTC exhibits the most near-term upside potential after its surge in reaction to bullish news announced at its Nov 19 Investor Conference,

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