INTC 🔥 LucanInvestor’s Commands: 🩸 Resistance: $22.00. A breakout targets $24 and $26. 🩸 Support: $20.00. A breakdown exposes $18.50 and $17.00.
🔥 LucanInvestor’s Strategy: 🩸 Long: Above $22.00, aiming for $24 and $26. 🩸 Short: Below $20.00, targeting $18.50 and $17.00.
🩸 Intel remains in a downtrend, trading below its 200 EMA, signaling bearish dominance. MACD shows slight bullish momentum, but the stock is struggling to reclaim key resistance levels. A breakout above $22 would indicate a reversal, while a drop below $20 could lead to further weakness.
👑 "Strength lies in the ability to act decisively at critical levels." — LucanInvestor
INTC - There are two more levels to be tested for mouth watering DCA levels. They are 17 and $12 (a resistance during GFC 2008 level). Bring it on, once in a lifetime opportunity.