$INTC Continue shorting INTEL

After hitting a low of 50, it formed a local high at 56, but was immediately rejected and fell back to 54–55.

The dominant trend is downward. We’re looking for opportunities to short on a rebound.

$INTC Short strategy

· Short entry: 55–57 (look for rejection signals in this resistance zone)
· Stop-loss: Above 58
· Take-profit: 51, then 48

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