X Intel has gaped down massively
X Market moving higher=great help
X Today breakout>>>
X IF todays candle closes ABOVE the level=breakout is confirmed>>>
X Long with options for gap closure
X Targets on the chart
LIKE & SUBSCRIBE= CARMA BOOST
Basic analysis of a promising cup and handle formation, firstly I believe tech stocks will hold this market up during this period of uncertainty, and Intel is a great example. With this bullish formation, after a small pullback to form the handle Intel is setup for a nice run. I might go long on this.
Looks like a cup to me, whether the handle forms or not is another question. Waiting for a lower entry is the best bet if following this chart. The bull trend will continue very strongly after this development. Intel is creating some very powerful processors and investing in AI development, these fundamentals are promising for the future of the company.