Databased

INTC breakout

Long
BATS:INTC   Intel Corporation
1
Haven't made a post in a while, but I figured I'd give everyone a run down of some of the trades I'm in. INTC is one of my current favorites. They are rapidly expanding into the mobile sector and their haswell processors are extremely popular in most new laptops as they significantly extend the battery life.Earlier this week INTC broke its short term ROC trend line, which was the first signal of its next leg up. Today INTC broke the ascending triangle on moderate volume. Should INTC finish the day with strong volume it is likely we will see it run much further.
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