BABA – Flushing – as expected
As I earlier post, we should be heading to support 110.
Increase in volume when selloff, indicates that the BB are selling for the time
being. We should see BB buying in at 110. Lets wait and see.
Stay tuned.
INTC – Strength behind the scene.
INTC is showing strength. SEMI-CONDUCTOR fields are loading
for the 20th Nov 2014. It should be heading 35.50 by 20th
Nov 2014. If there is good news, we should see volume coming in, bring it to 40
dollars range. Lets wait and see.
WOW look at the 2 white candles in between 10SMA and
20SMA. Volume is not low. Uptrend is intact.
We should see it moving up. Loading in progress. If INTC
is leading the way on 20th Nov 2014, this will definitely be one
stocks that follow.
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