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emehoke

INTC. Bullish Pullback setup. Some bearish signs to look for.

Long
Intel Corporation (NASDAQ:INTC)  
emehoke Updated   
NASDAQ:INTC   Intel Corporation
Trend Analysis Chart Patterns Fundamental Analysis INTC bullishpullback bearishelements priceaction
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trendanalysis chartpattern fundamental intc bullishpullback bearishelements priceaction
Nobody ever knows what a stock is going to do, unless they are really way at the top and manipulating the market like a sissy would do.

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This is a bullish pullback, and I've included some bearish price action elements I'm looking out for that give me pause before pressing any buttons.
Comment:
This is a bullish candle with wick rejection from the 50. I am forcing myself to stay in the stocks just a little longer... but I think a 66/67 call could be a good play with stop on the underlying at 61.
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