Thursday, December 21, 2017

Why Intel Is Ready for a 30% Breakout

@Intel Corp. (INTC) shares are nearing a critical inflection point, one that could potentially send shares of the stock soaring by 30% to about $60. A rise above $48 could clear that path and set up the massive gains, sending shares to a price not seen since September of 2000. It would surely be an enormous gain, but then consider that Intel has underperformed the broader iShares PHLX Semiconductor ETF (SOXX) by nearly 15 percentage points in 2017. 

https://www.investopedia.com/news/why-intel-ready-30-breakout/

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