TomProTrader

Intel- Looking For A Short Term Pop To The Upside

Long
NASDAQ:INTC   Intel Corporation
5
Looking for longs out of channel break and the new internal recently formed channel also..

We had a bullish kicker out of the recent ranges showing the buyers enthusiasm to get into this stock with force.

An open higher tomorrow after the doji type candle we saw today will show the buyers continued enthusiasm.
An open higher tomorrow will give more buying force, as we wait for the golden cross to occur. Which, in turn, might give a longer term move, but for the minute, I'm only in the the short term pop.
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