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Re: FinancialAdvisor post# 8513

Thursday, 06/02/2005 3:51:08 PM

Thursday, June 02, 2005 3:51:08 PM

Post# of 25966
***INTC - note how today the spread between the high and the close will be wider then the spread between the low and the close... this is a potential reversal candlestick, tomorrow's action should be more telling... Intel has been up 22 of the past 24 sessions with today's green close...

*Also of note is the bearish divergence on the RSI and the sinking slow stochastics... let's see if a bearish engulfing comes tomorrow or within a few sessions... down volume would confirm any change in trend...






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