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Intell Support and Trend Analysis

Intel Corporation (NASDAQ:INTC)  
adxcl  
NASDAQ:INTC   Intel Corporation
Trend Analysis Chart Patterns
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trendanalysis chartpattern
The support levels for Intel are at 43 and 47 with the long term trend being up. In this trend when support has been hit the stock eventually breaks to new highs.
It's in a nice trading range for option positions ; a long bull spread (Put or Call).
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