Next Thursday afternoon is going to be a monster for earnings reports – Amazon and Intel. Obviously the Friday following will be a big mover in one direction or another (although, give the past 9 years, I can only assume New Lifetime Highs).
I wanted to share Intel in particular since it has a recent gap at 52.48. If it remains below this, we’ve got a failed bullish breakout, which is significant, because otherwise this is a hell of a gorgeous bullish setup. Indeed, if the price seals up that gap and pushes above it again (which won’t take much doing), Intel could have years of gains ahead of it.
