Quite some time since #Intel was nearing the 200MA...
September 2017 was the last time that 
INTC was trading closely to the 200MA. The breakout at the $38 price level quickly led to higher prices. I think this revisit (almost) to the 200MA is a trade idea on the long side. This would be assuming that the longer term momentum will continue to push the stock higher and that indices will reduce in volatility.
Beyond the technicals, I think we have a solid business model withINTC transitioning away from the personal computing and emphasizing its focus on data-centers.
INTC was trading closely to the 200MA. The breakout at the $38 price level quickly led to higher prices. I think this revisit (almost) to the 200MA is a trade idea on the long side. This would be assuming that the longer term momentum will continue to push the stock higher and that indices will reduce in volatility. Beyond the technicals, I think we have a solid business model with
INTC transitioning away from the personal computing and emphasizing its focus on data-centers. 
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t.me/finvizclub
t.me/finvizclub
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