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INTC- 4H FALLING WEDGE - BULLISH SCENARIO
Intel Corporation
Long
INTC- 4H FALLING WEDGE - BULLISH SCENARIO
By duyca17
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May 8, 2019
4
May 8, 2019
Outlook:
- INTC to form a falling wedge => bullish scenario
- MACD: positive crossover can happen
- RSI flirting oversold
Trade plan: As long as price moves within the falling wedge, just patiently wait for breakout
Target: middle of falling GAP
Stop Loss: below lower line of the wedge
Chart Patterns
Trend Analysis
duyca17
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