Intel (NASDAQ: INTC) Stock Likely to Keep Surprising Everyone on the Upside

With each earnings season comes an avalanche of corporate news, and not coincidentally, an abundance of high-probability trade setups. For my part, I like to wait for a company to report its results, let emotions settle somewhat, and then see how the news affected the charts. 
Semiconductor giant Intel (NASDAQ: INTC) reported first-quarter earnings after the market close on Tuesday. The company announced earnings per share (EPS) of $0.38, which beat the consensus estimate by a penny. On the top line, revenue of $12.8 billion was a touch below analysts' estimates, but the company's gross margin came in a better than expected at 59.7% versus 59%.  (more)

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