vlad.adrian
Long

Intel - Momentum swing trade

NASDAQ:INTC   INTEL CORP
172 0 3
This is a new approach I am trying, and for now there is no real money involved.

The impulse is green on Intel             . Price gets attracted by strong S&R levels. On a smaller time frame, there is a corrective double bottom that I labeled on the chart.

The close today was strong, and chances are that tomorrow the rally will continue. The virtual stop is below today's low. Targets are a bit below important highs.

I think Intel             will go higher than that, but this is how I see the trade. It's a paper trade.
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