Intel Corporation
Long

Intel upswing until earnings

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Intel is about to enter the next phase of the Elliot impulse wave after this last correction. Expect Intel to rally up to $58-60 until early-mid august (right around earnings), before it goes into the next correction wave. I would play the upside here for the next month. Its RSI and MACD on the chart represent the stock being very oversold, indicating future upward momentum

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