$INTC (Intel) consolidation breakout for a potential long
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INTC looking like a potential long as we come into this breakout level.
Looking for a retest of the breakout level or possible a touch of the discount area for a bounce and move higher. First target would be the top of the downward channel. If we can break that channel we have room to move higher.
Lots of room to the bottom of the channel as well so will be looking for confirmation before taking any position.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.