Intel Elliott Wave
hello friends
As for Intel, we've seen a terrible free fall.
This pattern is similar to a 5-wave which consists of waves 1-3 or an ABC, in both of which it should experience the share of price rise. If we consider 5 waves, wave 4 has started and if we consider a zigzag, wave 1 or A has started.
Therefore, we can prepare a trade buy with this theory.
Usually, such price reductions are emotional and start with a big price gap.
Experience has shown that such gaps will be filled over time, and this experience is consistent with our theory.
In both theories, the price should increase.
The stop loss can be set at $20 and the profit limit can be set at $24 and the second target at $30.
To support me, I recommend you install Trading View software on your phone and see my analysis and support me with your comments and Boost. Be successful and profitable.
As for Intel, we've seen a terrible free fall.
This pattern is similar to a 5-wave which consists of waves 1-3 or an ABC, in both of which it should experience the share of price rise. If we consider 5 waves, wave 4 has started and if we consider a zigzag, wave 1 or A has started.
Therefore, we can prepare a trade buy with this theory.
Usually, such price reductions are emotional and start with a big price gap.
Experience has shown that such gaps will be filled over time, and this experience is consistent with our theory.
In both theories, the price should increase.
The stop loss can be set at $20 and the profit limit can be set at $24 and the second target at $30.
To support me, I recommend you install Trading View software on your phone and see my analysis and support me with your comments and Boost. Be successful and profitable.
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