Countdown To Intel

Next Thursday afternoon is going to be a monster for earnings reports – Amazon and Intel.

Obviously, the Friday following will be a big mover in one direction or another (although given the past 9 years, I can only assume New Lifetime Highs). I wanted to share Intel in particular since it has a recent gap at 52.48.

If it remains below this, we’ve got afailed bullish breakout, which is significant, because otherwise, this is a hell of a gorgeous bullish setup.

Indeed, if the price seals up that gap and pushes above it again (which won’t take much doing), Intel could have years of gains ahead of it.

(Click on image to enlarge)

Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...

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