INTC breaking out
Updated
Intel corp. has been trending down since the latest earnings release (which was mostly positive). Intel stock likes to do this after just about every earnings release.
The company's balance sheet is rock solid and the stock always seems to recover after these massive dips. We have at least 5 dollars of upside on a long trade. Even if it dips further, it's a great long-term hold.
The company's balance sheet is rock solid and the stock always seems to recover after these massive dips. We have at least 5 dollars of upside on a long trade. Even if it dips further, it's a great long-term hold.
Note
Currently retesting the resistance level, again. This time, might be good for a short position. Stock has low volume today. The price is just mimicking the rise in the sp500 and nasdaq100
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