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It's the moment of truth for technology this week.
Microsoft is currently trading more than 2% of its 100-day moving average. He briefly stopped below this trend line in mid-October, but quickly recovered.
Intel's graphics tell a different story, according to Baruch.
"If you take a look at Intel, his best days are sort of behind him, that is, he peaked in the middle of the year, he went down and you have the deadly cross that took place in September, daily moving average seeking to exceed 200 days, "said Baruch. "I would stay away from Intel."
Sales since the June summit have brought Intel's shares to levels not seen since February. The 200-day moving average of stocks exceeded the 50-day moving average at the beginning of September, a bearish technical sign indicating a downward trend in prices.
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