Tuesday, 18 November 2014

Views on 18Nov14 - BABA ; INTC ; MU

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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