Intel (
INTC) perfectly respects all structure:
Click chart above to see the detailed analysis👆🏻
Over the past couple of years Intel clearly established a significant downtrend, dropping about -70% after we saw the previous all time high. This bearish pressure is now ending though and if Intel manages to create a bullish reversal break and retest, a new uptrend is starting to form.
Levels to watch: $25
Keep your long term vision,
Philip (BasicTrading)
INTC) perfectly respects all structure:Click chart above to see the detailed analysis👆🏻
Over the past couple of years Intel clearly established a significant downtrend, dropping about -70% after we saw the previous all time high. This bearish pressure is now ending though and if Intel manages to create a bullish reversal break and retest, a new uptrend is starting to form.
Levels to watch: $25
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Intel (INTC):Click chart above to see the detailed analysis👆🏻
Despite the entire stock market still selling off quite harshly, Intel is about to close almost flat for the month after we saw a lot of volatility over the past couple of days. So far, we still have to wait for the bullish break above the key structure, then Intel looks awesome.
Levels to watch: $25
Keep your long term vision,
Philip (BasicTrading)
Trade closed: target reached
Trading update on Intel (INTC):Click chart above to see the detailed analysis👆🏻
With the recent stock market "crash", Intel is now once again back to retest the previous major horizontal support level. Since we already saw bulls stepping in once, there is a very high chance that we will see another rejection higher, just like we saw during 2018 - 2020.
Levels to watch: $20
Keep your long term vision,
Philip (BasicTrading)
Keep your long term vision!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Keep your long term vision!
Free: Join our "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
Free: Join our "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.