INFINITY SQUARE

COMMENTARY FROM THE RIGHT ON ISSUES OF THE DAY... WORLD EVENTS, NATURAL DISASTERS, MARKET FORECASTS, POLITICS AND MORE.

Saturday, October 22, 2005

Intel INTC ($23.16)

Intel's share price has broken down below a rising trendline that has provided reliable support on the daily chart since late 2002. It's hanging on, in what looks like a breakdown pullback below the trendline, and hinting that it could recover, but it sure looks ugly to me.

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