buy the bottom at the end of AugustIntel wants to be another manufacturer for the world semiconductors.
The $53 zone is now its resistance.
August tends to be its volatile month, based on the seasonality tool from Stockcharts.
Its Trend(OBV) illustrates that bears are currently more powerful than bulls.
Trend(OBV) uses True Strength Index to analyze "On-Balance-Volume", which measures buying and selling pressure as a cumulative indicator.
Horizontal lines and zones are supports (entry for bulls and exit for bears) and resistances (exits for bulls and entries for bears).
Diagonal lines from Fib fans are for trend-determination and additional levels for active trading.
The market is actively moving so the entries and exits for this type of meme stocks constantly change. Trade small if you want to practice!
