INTC round two... 3% and Run with more upside.

Looks like Intel is setting up again... will be patient with this one.

Looks like INTC does not have the strength (at this moment) to break through the downtrend.

Wait with trade when it will get back to a daily base.

If it breaks support at 28.90 get out.

If there will be a break out... 3% and Run


Entry - 29.00-29.40
PT - 30.25
SL - 28.90

Trade closed: stop reached:

Unfortunately stop got gapped and I got a much lover fill with overall loss of 5%.

Comment:

Was right... just to early.