INTC | Rising Wedge Pattern
INTC is trading within a rising wedge pattern. Price has found support at the horizontal demand level and wedge trendline.
If price continues to respect these levels we should anticipate a continuation of this bounce to the upside.
Trade invalidates if price closes below $31.50
Initial target $40; Secondary target $42
If price continues to respect these levels we should anticipate a continuation of this bounce to the upside.
Trade invalidates if price closes below $31.50
Initial target $40; Secondary target $42
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