Comments on INTC?

im finding intc does not want to go below 19.60 and someone wants it up near the 20 dollar mark......so unless the S&P goes on a downward spiral or more bad news comes out....im startin to think your long position is pretty safe Chagi
 
hmmmm, closing at the lows for the day and week, not a great sign. not much volume but still, nasdaq is holding up so so and INTC going down, I wonder if the NAZ starts going south what it will do to INTC, could it be a flight to safety and INTC will start bouncing up? ANy thoughts on this? nice basing pattern and support but maybe the bottom has not been put in yet. I know, dont try to catch the dropping knife but at this level and this pattern i think it might be worth a shot, just dont know where to place a stop on this.
Oh well, will wait what happens next week.
j
 
not sure here; some concerns, no q.; but as a long term play intc still one of da best for value'n' r/r out there...for a quicky and on da long side it might not be the right moment now.

have a good week-end
 
I agree with all of your comments on INTC, it is difficult to judge where the stock is going to move over the short-term. Seems to be a good long-term play, also appears to be basing around the current levels...
 
Closed my INTC position earlier today, stock just isn't feeling "right" to me at this point (it seems more likely to break downwards through $19.45 or so than it does to move upwards right now).
 
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