Intel Corporation

Intc earnings preview

196
Been trading in this fallen wedge since the summer.

There is a lot of price action in that 53-54.50 area.

Intc actually touch wedge resistance today and got rejected. It bullish here and if there is a breakout coming they'll definitely save it for earnings.
If it does breakout I think we're are headed back to 60$
if there is a rejection then a possible pullback to 51$ is at play

Aviso legal

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