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Alpha_Trades206

INTC Wave 5

Long
Intel Corporation (NASDAQ:INTC)  
Alpha_Trades206  
NASDAQ:INTC   Intel Corporation
Trend Analysis Chart Patterns Elliott Wave
4
2
trendanalysis chartpattern elliottwaves
Intel Weekly Timeframe

Demand Zone: $56.75- $57
Supply Zones: $61 (Gap Fill), $62.50-$64.00

Breakout of long WXY correction. Foreseeable good news long-term with four new processors coming into the market. Alternative wave count: Y wave can be treated as ABCDE triangle.
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