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INTC into overhead resistance

May 04, 2011 10:38 AM ET
djn21 profile picture
djn21's Blog
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INTC has had a very strong surge in share price over the few weeks.  It has run higher despite broader market weakness in recent days.  But beware.  INTC is running into overhead resistance that has been in place for the last decade.  A breakout would be very impressive, but be very cautious until/unless that breakout occurs.

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