We haven’t talked about this stock in a long time, but this setup may be just too good to ignore. The beauty of this setup is not only its simplicity, but what it implies, a big move could be in store.
The setup on Intel (INTC) is a clearly defined range between the 25.5 support and 31 resistance, creating a channel the price is fluctuating in. This gives a clear-ish map of where price could be headed next.
Be sure to watch the video below to find out all the key details that are outlining what could be a potential trade for my options trading service The Profit Machine.
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