mikeffi
Long

INTC poised for breakout.

NASDAQ:INTC   INTEL CORP
13 0 1
Despite Friday's low volume pull back INTC             looks ripe for a breakout trade which may suit either a long term position or credit spread.
The latest run up towards $33.50 appears to have stalled temporarily and a re-test of this key level looks possible with with a cross of the 200/50/15/5 EMA's early in the week.
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