INTEL (INTC) Better Entry Level

After the huge move up since its earnigns announcement on April 19th, INTC is now coming into more attractive long-side entry levels as it's pulling back to near the mid $22s.

From the weekly chart below you can see the multiyear narrowing trading range (light blue dotted lines), which could serve as an area of support…and which is near that mid $22s price level.

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