INTC is bouncing off bottom of range @ support. No cause for concern on longer term chart. Overall market is giving me mixed messages. Don't expect this trade to be a quick winner, may go sideways for a few days.
PROS: -Morning star formation - At support - Long term trend is in tact - Volume slightly increasing -Good risk/reward ratio - 50 day ema facing up
CONS - Overall market is not in a clear direction - Short term trendline has broken