Intel (NASDAQ: INTC) announcing 3Q EPS 35 cent, beating estimate. Aftermarket trading up 6%.Along with others, Intel has been selling off from $24 in mid July all the way down to $14.28 last Friday. However, Money Flow indicating a possible bottom just like previous 2 bottoms. Fundamentally, Intel's competitor Advance Micro Device (NYSE: AMD) has not been come up with competitive product, that further ensure Intel's dominant market position. The upcoming Core i7 line also receiving much hype. I think above $17.5 will be a good entry point, and looking toward $20 level.
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