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Top 5 Weekly Trade Ideas #1 - INTC Bull Flag
INTC is set to gap up and open near the top end of its bull flag. If it can open above and stay above I'll look for longs for a move up to $26.40. Ideally we'd get a retest of the flag before moving higher, but that may never happen.
There's also a lot more upside potential if it takes out $26.40 as well. I'd consider this invalid if it can't remain above the top end of the bull flag.
There's also a lot more upside potential if it takes out $26.40 as well. I'd consider this invalid if it can't remain above the top end of the bull flag.
You reap what you sow.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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