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Intel: A push past 20/share

|Includes: Intel Corporation (INTC)

INTC's performance in the past 3 trading days suggest that it wants to breach the shorterm 19.85 resistance.  A close above that resistance will ensure further upside in the wake of market's strength.

The October strike 20 calls that we have written couple of weeks ago are decaying nicely against the underlying shares. 

Disclaimer: MD Capital Management owns INTC