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Matt_Feda

$INTC - Breakout off lower band, MACD Signal, SMA200 as test.

Long
Intel Corporation (NASDAQ:INTC)  
Matt_Feda  
NASDAQ:INTC   Intel Corporation
INTC semiconductors TECH LONG Bullish Patterns breakout
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intc semiconductors tech long bullish breakout
After riding the lower portion of the band during the last correction, INTC made a sharp reboun with the lower vol band and price moving back toward the top of the band, indicating a breakout. Additionally the MACD supports room to run on the break out. A failure to break the 200 day SMA would nullify this hypothesis.
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