Simple Trading DJIA Component INTC As of 26 June 2015

INTC As of 26 June 2015

Current Trend (W): Flat

Abv/Below Value Zone: Below

Next Scheduled Report Date: 13 July 2015

52 Week High: $37.90

52 Week Low: $29.31

Current Relevant Resistance: $34.75

Current Relevant Support: $29.31

Recent Close: $31.02

Comment:  INTC isn’t looking like the king of the chip mountain so much anymore.  Price looks to be following through on the down move started 3 weeks ago when sellers pushed it down through support.  If you’re a fan of the name, at least wait until price gets back above the Value Zone (up around $33.60).

Trade well,

KIS,

The Trader

[button_3 text=”get-started-its-free.png” align=”center” href=”http://www.theartofsimpletrading.com/membership-account/membership-levels/” new_window=”Y”/]

Leave a Reply