Intel bullish hammer? Intel Corporation
Short Term
We look to Buy at 35.87 (stop at 34.61)
Preferred trade is to buy on dips. Price action looks to be forming a bottom. Posted a Bullish Hammer Bottom on the Daily chart. Further upside is expected and we look to set longs in early trade.
Our profit targets will be 39.04 and 40.60
Resistance: 39.05 / 40.75 / 43.80
Support: 35.50 / 32.50 / 29.00
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