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Jul 26, 2018 4:17 PM

INTC 5-0 Pattern - contrarian upside move trade 56.5 target Long

Intel CorporationNASDAQ

Description

INTC 0-5 pattern - the likely resolution of this pattern is downside, but if it can't go down, then it violently pushes upward to 88.6%. This is a contrarian trade, lot of people are betting downside move, options are skewed a lot to downside, so likely it goes up, the risk to reward is to upside.
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