INTEL : GO WITH THE MOMENTUM
Intel is gaining its share back in chip manufacturing.
It is getting orders from various countries
Technical points:
Volume is increasing month on month basis
Bouncing back after hitting bottom and consolidating there for a while.
Big bullish candles on monthly chart
50% price correction is done along with PE
RSI is above 60 which is again bullish momentum
TARGET -1 : $55
TARGET -2 : $65
STOP LOSS: $44
**These are my personal observations. Please trade at your own risk.**