PtahX

INTC 200 weekly EMA bounce

Long
PtahX Updated   
NASDAQ:INTC   Intel Corporation
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

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