INTC price action is very similar to 2020.
After 2 consecutive gaps down, price bounces to fill the first gap, then we see a sharp retracement to the lows.
In 2020 this sharp retracement was followed by a very strong push to the upside.
This company is undervalued + there are a few bs catalysts like the new line of processors, new CEO, mobileye whatever its called.
Just watch the pattern see if it works good luck
After 2 consecutive gaps down, price bounces to fill the first gap, then we see a sharp retracement to the lows.
In 2020 this sharp retracement was followed by a very strong push to the upside.
This company is undervalued + there are a few bs catalysts like the new line of processors, new CEO, mobileye whatever its called.
Just watch the pattern see if it works good luck
Note
heres a chart snapshot thats a bit easier 2 c Note
pattern continues s3.tradingview.com/snapshots/4/4ByfSiFn.png
Note
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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.