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Investorito
Mar 3, 2017 8:42 PM

Long on Intel Long

Intel CorporationNASDAQ

Description

3/3 - INTC has been consolidating between 35 and 36.50.
Intel has been consolidating after the last rally. From a patter perspective (I'm not a huge pattern guy) it has formed a triangle, and it is on the lowest part of the balancing area hitting very closely the trendline.

Long INTC 170413C37. Targets are 37.50 and stop is 35.25.

Trade active

INTC, trade still valid. Small drawdown but stop has not been activated.
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