Reference back to the beginning of the year when the stock was highlighted by NFTRH+ as a would-be technical breakout play (had not yet broken through 10 year old resistance) technically with a target of 40+, and fundamentally due to projected inroads into the mobile space for the chip dinosaur. Well, Intel broke out on increased corporate demand for its PC chips. At that time it was noted that mobile is still “out there” (doing my best Agent Mulder).
Well now the buzz is coming in for Core M Broadwell, and it is good stuff. I sold half my position but still hold the other half, hopefully for target and beyond. Here’s the original NFTRH+ chart…
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