PtahX

INTC 200 weekly EMA bounce

Long
NASDAQ:INTC   INTEL CORP
Weekly technicals on INTC looking bullish . Potentially a safe haven with good debt to FCF and a 2.6% safe dividend. I see this as a pre-anticipatory buildup for earnings bouncing off the weekly 200 EMA with a rising wedge into resistance. MACD histogram turning bullish , rising bullish volume and rising Stoch . Disclaimer: I am a long term holder of intel .
Trade closed: stop reached

Comments

Stopped out at profit, still holding 100 shares
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