Saturday, August 22, 2015

[INTC] update

The backlink is recent and it provided the chart below.




I just wanted people to see that the target for the H+S breakdown in the daily chart below is $20.  Then it should bounce pretty good.  But my current model says that after that bouce the shares are eventually headed down to $8-$9 in order to finish off the dot bomb crash chart which was interrupted and delayed but not avoided by any of the government meddling in the economy.  In fact, if anything, they made it much worse than it had to be.




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