Intel (INTC) preview for March 31, 2015

INTC shares could not build on their Friday gains and traded with a bearish harami candlestick (daily range within the range of the day before) indicating some consolidation and chances for a reversal of Friday’s upmove. The short-term trend is still up if price stays higher than $31 though. Bullish with a stop @ $31.

INTC stock price (6 months)

intc

Chart courtesy of StockCharts.com. http://stockcharts.com

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