Gathering Intel

"Figured you'd gather your intel from up here."
--Nelson Fox (Above the Law)

Have been watching Intel (INTC) as a tell for the Teflon-like big-cap tech group. With Friday's drop of a bone, INTC appears to have broken the recent uptrend line on high volume.

Will be interesting to see how the trend chasers react to this--particularly if the stock drops below its current perch on the 50 day moving avg. Not much support below that--200 day at 31-ish and previous reverse head-and-shoulders neckline at 30-ish.

position in INTC