Intel to bounce off from here Intel is just above the monthly trend line. Indicators are pointing to a possible bounce off from near around this area.
If this long term trend line is broken by the sellers then look for the fake break out for a nice setup.
Be patient.
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.