Is INTC Ending its Dec-Feb Correction?

My pattern work triggered preliminary signals last week that Intel Corporation (INTC) has ended its correction off of the 37.90 high into the 32.65/67 area, and is preparing to lift off into another upleg-- to new 15-year highs projected eventually into the 43.00-45.00 target zone.

At this juncture, only a decline that breaks and sustains beneath 32.00 will begin to compromise the timing of the expected next upleg.


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Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

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