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INTC First Signs of Weakness


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#1 SemiBizz

SemiBizz

    Volume Dynamics Specialist

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Posted 10 July 2007 - 10:48 AM

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Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#2 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 10 July 2007 - 11:23 AM

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Now there's not much to dislike on the daily. If there is any weakness it will try to test the low of the big volume spike from 6/15 - 23.80. So consider my short term weakness comments in the context of being one of the stars of the rally. Right here there seems to be no shortage of stock for sale at $25 and until the buyers exhaust this big supply we're going to hang around here...
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics