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Totally see it and have been watching it since the mini-crash. INTC
bounced nicely off of 70 today, but will it last? There were several
left shoulders, and a "Bart Simpson" head (new term). Looks like
several right shoulders - but how many? 70 is an extremely important
level.
Chip
http://coolhistory.com/ChipsCharts
Disclosure: I am long INTC.
---Greatelto wrote:
>
> You pattern watchers....look at INTC. That could well be a major
H&S forming
> with the neckline around 70. If so, the count looks like 38-40
(hard to
> believe), which is the base the stock moved out of for its recent
move.
>
> I just can't believe my eyes....does anyone else see it?
>
> Jerry
>
>
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