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Basic trend analysis for INTC

BATS:INTC   Intel Corporation
INTC forming this beautiful upward trend since last 1 year. If we follow this pattern, it should decline to around $40 in next 1~2 weeks touching the lower trend line.
If it bounces from this lower trend line, it could be good buying opportunity for a short term target of around $50, where it might will face some resistance.
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