Intel Corp Daily (08.09.2014) Technical Analysis TrainingThe Intel Corp (NASDAQ:INTC) Daily Diagram Technical Analysis Training shows the following:
The (INTC) share has reacted from Tenkan Sen and the support line exactly on 2.618 of fib. This support line is above the KUMO, which means that the INTC is bullish in long term. The weekly diagram shows bullish trend and the monthly is bullish too.
So the first thing in mind is the $34.52 support. MACD has a divergence that has to overcome in order the share continues the uptrend.
There is no special candlestick pattern. The share is above the KUMO, the Kijun Sen (blue line) and above the Tenkan Sen (green line) too.
There is no special pattern. The share follows Fib.
Stay aside. Long if the share closes positive at its' high today. Stop loss and short under the support line.
Intel
Intel Corp Daily (13.08.2014) Technical Analysis TrainingThe Intel Corp (NASDAQ:INTC) Daily Diagram Technical Analysis Training shows the following:
The (INTC) share has reacted from Kijun Sen and the support line. This support line is above the KUMO, which means that the INTC is bullish in long term. The weekly diagram shows bullish trend and the monthly is bullish too.
So the first thing in mind is the $34.49 target again. MACD is weakening its bearishness and RSI =58 = bull.
There is no special candlestick pattern. The share is over the KUMO, the Kijun Sen (blue line) and it tries to breach the Tenkan Sen (green line) too.
There is no special pattern. The share follows Fib.
Long for fib 2.618 with stop loss the support line.
Intel Breaks Gap Window, Headed To Gap Fill At $31.7Intel Corporation (NASDAQ:INTC) broke gap window today. Gap window is a technical support level (in this case), created by the gap up Intel had following their earnings announcement. Once this level is broken, price generally gravitates to gap fill which is the closing price on the daily chart prior to the earnings report. This will be a big support point for the stock. The Intel Corp gap fill level is $31.75. Please note the chart below.
Gareth Soloway
Chief Market Strategist
www.InTheMoneyStocks.com
Intel Corp Daily (10.07.2014) Technical Analysis TrainingThe Intel Corp (NASDAQ:INTC) Daily Diagram Technical Analysis Training shows the following:
The (INTC) share has broken the 1st support line lately. This support line is above the KUMO, which means that the INTC is bullish in long term. The weekly diagram shows bullish trend but an overbought RSI. The monthly is bullish too.
So the first think in mind is that INTC solved upwards a 10years reversal pattern and now make some consolidates on its new price level around $30. The last time that Intel share worth $30 was Feb 2004. So this is a new age for Intel. MACD is bearish and RSI declines. The volume is usual.
There is no special candlestick pattern except of the shooting star at local top (@31.06). The share is over the KUMO and Kijun Sen (blue line) too but now the Tenkan Sen (green line) is resistance .
There is a bottoming special pattern of reversal these ten years (as I mentioned above – see related link). The fib from $21.90 to $26.71 shows a step over the 1.618 at $29.68 and a 2.618 @$34.49.
So I think that the correction will stop at the second support line or $29,68 the lower. On the other hand the share will consolidate for a while until it start the uptrend again. This share is for the long term investors.
ITNC gap up on upside guidanceIntel set new 5 years after it announced its sales would be better than it had anticipated earlier in the year. Intel’s news is almost certainly good for Microsoft (NASDAQ: MSFT) and Hewlett-Packard (NYSE: HPQ) since Intel is the leading maker of chips for PC’s.
The PC market has been so mature that most analysts assumed that Intel’s future would be relatively weak. As PC sales have begun to fall worldwide, tablet and smartphone sales have risen sharply.
Any improvement in PC sales will help Microsoft, which is the major provider of PC operating systems, and Hewlett Packard, the leader in PC sales.
Technical Analysis:
Now, we have gap low at $29.56 which should act like support and high at $30.06.
I think it needs couple of days of rest, investors and traders need time to absorb this big movement
Check my previous idea in the link below:
Long Term Outlook on Intel Intel is meeting all of the requirements of a Bearish Crab pattern . The prediction of the D leg slams right into previous structure of monthly resistance of the wave II cycle at $34.34. Would make for a perfect PRZ. Also, If we could get some divergence on the RSI, that would make for a better confirmation . Let's see where price action takes us.
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INTC wedge in strong uptrendMarket is choppy in 2014 with lack of continuation moves both sides. So, theme of the year is stock specifique approach. I am looking for strong stocks, buying pullbacks and support.
Intel is in strong uptrend since the beginning of 2013 year.
Now, stock is wedging. Support at $26.00 could be our stop.
Next resistance (target is $27.12 double top)
If it will break down $26 where 50 MA lies, then next buyable area could be 200MA and major trend line at $24.50-.75.