Intel Corporation
Viés de alta

INTC wedge in strong uptrend

343
Market is choppy in 2014 with lack of continuation moves both sides. So, theme of the year is stock specifique approach. I am looking for strong stocks, buying pullbacks and support.

Intel is in strong uptrend since the beginning of 2013 year.
Now, stock is wedging. Support at $26.00 could be our stop.
Next resistance (target is $27.12 double top)

If it will break down $26 where 50 MA lies, then next buyable area could be 200MA and major trend line at $24.50-.75.

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