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Intel (INTC) triggers out of bottoming pattern, bull flows pick up

Intel (INTC) triggers out of bottoming pattern, bull flows pick up

by | Sep 10, 2021 | Open Interest Alerts

Intel (INTC) triggering a base breakout early of a bottoming inverse H&S pattern, a name that screened as having very strong seasonal tendencies for returns in September. INTC has also seen buyers of March $52.50 and $60 calls this week while the $47.50 puts were sold to open, room to run here back to $57.