Wayt0Dark_

$INTC to $47.25

Long
Wayt0Dark_ Updated   
BATS:INTC   Intel Corporation
INTC has reached run-up Point of control and accumulation is now taking place. I predict a jump to $47.25... Bear in mind, this is the daily chart, and we are still technically in a down-trend. So this would be more of a swing trade.
Comment:
Bollinger bands are extremely tight, I'm expecting a move here soon.
Comment:
There is a high volume node we touched on around $42.05 before the move officially started. Sit back and watch . . .
Trade closed manually:
The move is complete. I was 50 cents off from the actual peak.
I made 91% off this move. Hope other made some good money aswell.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.