Intel has been in a $1 trading range for 4-6 weeks, mostly in the $15-16 range. My experience tells me that when a range bound stock finally breaks out, it can finally make an explosive move, but I cannot tell in which direction. It depends upon whether the buyers or the sellers at the end of the range get depleted.
I am not a trader, but I am hoping that it will be breaking to the upside.
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