The only thing to have in mind is the earnings report on the 16. of october
Otherwise very good setup
Comments
lucky_human_foot
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It seems like it is doing a turnaround now as it has been beating the S&P after the earnings report and it is quite cheap on fundamentals. Furthermore.. even though tech is a little under pressure right now there will be a need for processsors in the future as well and Intel is a market leader.
lucky_human_foot
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I think it is worth a bet if the next trendline will hold. Considering buying at 21
DevD
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imo, could test the high 20s before breaking downtrend.