This is my follow up on the possible INTC short from 34.51 to the targets shown and potential dates (not set in stone, banking partial profits is always good!
What prompted me to follow up is the current price action is now currently below the pivot point of 34.82. After the entry into the market at 34.51 a sweet pin bar on 7/27 at 13:30 ensured our stop is safe for now.
After a breakdown through 34.51 I will be moving my stop to just above the pin bar high or the resistance level given at 35.15.
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