Intel (INTC) view June 22, 2015

Our last post from May on INTC shares stating “Sell the rallies up to $34.50. Bearish flag breakdown would confirm the short positions” was spot-on. $31 is the next downside target. Breaking below $29 will signal a dangerous head & shoulders formation. INTC (1 year) Chart from http://stockcharts.com Please read the Disclaimer!