2010-04-27

Long-term bases forming?

Tim Knight had a post on long-term charts and spotting what in hindsight are obvious patterns. I noticed some decent formations on a few household names.

Look at the long-term charts of Coca-Cola (KO), Intel (INTC) and Cisco (CSCO). Coca-Cola looks the best of the bunch, and Intel looks as though it could move lower.

Cisco has no dividend, but the yield for Coca-Cola is 3.3% versus 2.6% on Intel.

No comments:

Post a Comment