NVDA, INTC and AMD Forecast – Chip Stocks Look Soft in Early Friday Trading

INTC Technical AnalysisIntel looks like it is going to open pretty poorly, maybe down about three and a half dollars, but the 50-day EMA is in that neighborhood, so maybe technical traders will be interested. This is a market that gapped and shot straight up in the air, so you are likely to be better off waiting for a bounce to get involved, simply because you cannot know what happens next. With that being the case, this looks like a market where you are waiting for some type of clarity to jump back in. I w ...