Update on this idea I posted previously, we are very much in the money and have made some good money. here. Well done to all followers who took INTC shorts.
We have interesting set up with Intel . We have hit a long term target giving us a three drivers completion. But the situation is more complicated, as we have been trading range bound for some time since the target was hit.
I am waiting for resolution, and I although unsure, will say I think a short in more likely from this level. But right this second I think bears will eventually have their day.
Best of luck,
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