Intel Corporation to crash yet another 50% to $11** Forecast for the weeks ahead **
Continuing with the unpopular bearish outlook for Intel, see “Incoming 60% correction for Intel Corporation” idea (below), the chart now indicates a further 50% correction.
On the above 10 day chart:
1) Price action and RSI resistance remains active.
2) A downtrend remains intact, lower high lower lows.
3) Confirmed bear flag with extension to 11.24
4) 90% of all recent public ideas are “Long”
www.tradingview.com
Remember 90% of traders will lose money.
Is it possible price action rallies from here? Sure.
Is it probable? No
Ww
Type: Long Put option
Risk: You decide
“Incoming 60% correction for Intel Corporation”
