BUY OPPORTUNITY
Intel Corporation (INTC) is one of the world’s leading semiconductor companies, primarily known for its microprocessors, which are critical components for computers and servers.
Action: Buy (Expecting Breakout)
Entry Price: $20.54
Target Price: $21.96
Stop-Loss Price: $19.84
Risk/Reward Ratio: 1:2
The entry price of $20.54 is near the midpoint of the consolidation range, making it a good point to enter in anticipation of a breakout above $20.97.
The target price of $21.96 is based on the next logical resistance level above the current consolidation range.
A stop-loss at $19.84 is set just below the support zone, minimizing potential losses in case the price moves lower.
Action: Buy (Expecting Breakout)
Entry Price: $20.54
Target Price: $21.96
Stop-Loss Price: $19.84
Risk/Reward Ratio: 1:2
The entry price of $20.54 is near the midpoint of the consolidation range, making it a good point to enter in anticipation of a breakout above $20.97.
The target price of $21.96 is based on the next logical resistance level above the current consolidation range.
A stop-loss at $19.84 is set just below the support zone, minimizing potential losses in case the price moves lower.
GODO Capital Markets
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