Intel Corporation
Long

Intel Update

195
Intel has a hard floor at $37, should it go lower it will not move lower than $35.

It should chop between here and $40 and form a wedge, upon breakout we will head higher into the $42-$44 range.

Short term hold (3 month time horizon) price target: $44

Long term hold (1 year time horizon) price target: $70

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