NVDA, INTC and AMD Forecast – Microchips Slightly Negative Early on Monday

Intel Technical AnalysisIntel is going to pull back just a bit in premarket trading, but quite frankly, it should, as it had a 10% day on Friday. The market is likely to continue to favor buy on the dip behavior, and as a breakout like this occurs with fairly strong volume, that means somebody cared and that’s what you’re looking for.Somewhere near $42, we could see an opportunity. We’ll just have to wait and see. That’s assuming we even drop that far. Clearly, you cannot short this market, it is far too st ...