INTEL : GO WITH THE MOMENTUM

27 dic 2023

• Intel is gaining its share back in chip manufacturing.
  
• It is getting orders from various countries
  

Technical points:

• Volume is increasing month on month basis
  
• Bouncing back after hitting bottom and consolidating there for a while.
  
• Big bullish candles on monthly chart
  
• 50% price correction is done along with PE
  
• RSI is above 60 which is again bullish momentum
  

TARGET -1 : $55
TARGET -2 : $65
STOP LOSS: $44

**These are my personal observations. Please trade at your own risk.**

6 feb

Trade chiuso: stop raggiunto