INTC is going from $50 to $85 in the first quarter of 2024
There was a clear Eliott Wave abc correction between 2020 and 2022 that found a very strong support around $28 level and MA200 Monthly which acted as a support since 1980s.
Price consolidated for a year around $30 level and just broke out and gained momentum pushing through resistance like through a butter.
The momentum and trend are clearly established and won't stop until new ATH around $80-$85 levels is reached.
What will happen once ATH is reached? No idea, but so far it's a strong buy.
Price consolidated for a year around $30 level and just broke out and gained momentum pushing through resistance like through a butter.
The momentum and trend are clearly established and won't stop until new ATH around $80-$85 levels is reached.
What will happen once ATH is reached? No idea, but so far it's a strong buy.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.