Holdings  > Holding Rationales  > Triple Bottom and Wave 3?

Holding: INTC

haydenpong [27]

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Symbol Sector Return Exposure Trades Last Trade Status
INTC Semiconductors 10.06%  n/a 4  07-May-09  Prior Holding

02-Feb-09

Triple Bottom and Wave 3?

Holding Rationale for INTC.

A purely technical speculation.


Betting on a possible triple bottom forming at around $12.50-$13 area..


 



 


Got in today at 13.20 (a bit higher than current VWAP @ 13.1553)


 


targetting Nov and Dec double top high at $15.30 if it can break above $14


 


stop loss at 12.50

Tagged Stocks: INTC

 

Posted at 10:51 in Holding Rationales  |   Permalink   |  Top

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Credibility in INTC

haydenpong

INTC Out
Rank 98/368
Return 10.06% at 2010-03-14
Rank 98/368
Trades 4
Followers 4
 

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