$INTC Intel On the Buy List, Bottom in.

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INTC may offer up a long entry in the coming days on a break above resistance @47.00
Potential targets =
1) $47.90 20ma and volume shelf resistance
2) $48.44 Fibonacci 0.382 level.
3) $49.93 - $51.42 Fibonacci retrace levels.
major gap in the chart but given the news flow it may take time to reclaim oct levels.