3/3 - INTC has been consolidating between 35 and 36.50.
Intel has been consolidating after the last rally. From a patter perspective (I'm not a huge pattern guy) it has formed a triangle, and it is on the lowest part of the balancing area hitting very closely the trendline.
Long INTC 170413C37. Targets are 37.50 and stop is 35.25.