Intel - The bottom is in!

11 ago

🔮Intel (INTC) forms a clear bottom:

🔎Analysis summary:

After a consolidation of about three decades, Intel is now creating a strong bottom formation. With the retest of a major horizontal support area, Intel is respecting clear market structure. Quite likely therefore that Intel will soon start its next major higher timeframe bullrun.

📝Levels to watch:

$25

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

19 ago

Trade attivo

🔮Intel (INTC) rallies nicely:

🔎Analysis summary:

Being up an incredible +27% over the past couple of days, Intel is perfectly playing out. With the retest of the strong long term support level, Intel is about to create a significant bottom formation, initiating the next overall bullrun.

📝Levels to watch:

$25

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

3 giorni fa

Trade chiuso: obiettivo raggiunto

🔮Intel (INTC) played out as expected:

🔎Analysis summary:

After Intel nicely respected the major support area, we saw an expected rejection away towards the upside. Eventually, it seems like Intel will break above the current resistance level, which would then constitute the beginning of the bullrun.

📝Levels to watch:

$25

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION