01.12.2015 - We are waiting for a signal to buy at Intel

The price of Intel is consolidating below the strong resistance level at 34.80 and in case of overcoming and fixing of price above this mark, the growth will continue until 35.30 and 37.70. On the other hand within the correction, the price may fall to support at 34.00 and 33.10. According to our estimates, the growth of quotations will continue in the near future and in the medium term, but we recommend to wait for the confirmation of the signal to open new positions.

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