INTEL CORP (INTC) RSI+MACD+STOCH FIB RETRACEMENT TA TRADING 💡📉
Updated
I developed a personal trading strategy on 
INTC to setup a trading buy scenario.
What are the different indicators Showing?
MACD:
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INTC to setup a trading buy scenario.What are the different indicators Showing?
MACD:
- EMA's crossed, no sign early retracement bounce
- !!! market uptrend could have turned into a downtrend, but we need more confirmation
RSI: - Market is globally in an uptrend but RSI looks like its crossing the 50 line towards a downtrend, so there may be no retracement bounce
- INTC is accordingly to the RSI not overbought nor underbought, confirmation to come
STOCH: - STOCH looks like it's going towards its underbought level, I would wait till both lines cross the underbought level
What is FIB/Graph saying - Previous retracements reversed at around 50% to 61.8% fib level
- I expect this retracement (if last retracement wasn't a trend reversal) to reverse around the same levels.
Intel Corp. as long term: 📈📈 - Intel will definitely hit a 100$ in the future, with a lot of new big upcoming projects
- For example: a crypto mining dedicated CPU
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If you enjoyed this post and agree with me, a like and a sub would be very nice : )
If you have any other ideas or simply disagree, manifest yourself in the comments ⬇️⬇️⬇️
Stay updated for more content
Have a nice Day : ) Bye!
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Comment
Scenario 2: Last retracement was a reversal "I expect this retracement (if last retracement wasn't a trend reversal) to reverse around the same levels."
Comment
INTC bounced on lower support
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