Intel - This might be the bottom!

20 mag

Intel - INTC - might create a bottom:

(click chart above to see the in depth analysis👆🏻)

For almost an entire year, Intel has been consolidating at a major horizontal support. Considering the previous significant bloodbath, Intel might soon find its bottom, which is inevitably followed by a major bullish reversal. After all, market structure is slowly shifting bullish.

Levels to watch: $20.0, $25.0

Keep your long term vision!
Philip (BasicTrading)

29 mag

Trade attivo

Intel - INTC - will retest the support again:

(click chart above to see the in depth analysis👆🏻)

After consolidating for the past 300 days, Intel is now heading back for another retest of the major lower horizontal support. However, looking at previous price action, it is quite likely that we will see another rejection after bullish confirmation is created.

Levels to watch: $20.0, $25.0

Keep your long term vision!
Philip (BasicTrading)

6 giu

Trade chiuso: obiettivo raggiunto

Intel - INTC - reverses right now:

(click chart above to see the in depth analysis👆🏻)

Over the course of the past 300 days, Intel has overall been trading sideways. However at the moment, Intel is retesting a crucial horizontal support area. After we now see bullish confirmation, another bullish rejection seems to be more than likely.

Levels to watch: $20.0

Keep your long term vision!
Philip (BasicTrading)