Stock INTC (Intel Corporation)
Originally appealed to me as a short should it break the lower limits of its SP and the obvious head and shoulders pattern within its trading rectangle. However when this significant pattern was rejected, with volume breaking both the long term downtrend line and the horizontal overhead resistance zone of the right shoulder on a consecutive of overwhelming volume I have turned bullish in changing my mind on the spot.
Long position taken.
Immediate target approximately $26.50
(written at $22.50)
Originally appealed to me as a short should it break the lower limits of its SP and the obvious head and shoulders pattern within its trading rectangle. However when this significant pattern was rejected, with volume breaking both the long term downtrend line and the horizontal overhead resistance zone of the right shoulder on a consecutive of overwhelming volume I have turned bullish in changing my mind on the spot.
Long position taken.
Immediate target approximately $26.50
(written at $22.50)
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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.