INTC back at (many times and well) respected historical support level, currently breaking resistance after a huge runner up of approximately 40% from previous support @ 32.15 Will INTC continue it's upwards momentum or is it time for a cooldown. Draw 3 possible scenario's. Trade Safe - Don't forget to Take Profit - Eyes on the price
Bullish scenario: Price brought up by a parabolic move, played out from a " textbook " Adam & Eve pattern , which has lead the price to currently break through resistance. Waiting for a breakout, fully gaining, to continue moving towards the upside, might look to place a long order when price retests the breakout. StochRSI shows a reversal @50.82 which...
Let's start with: "What goes up must come down!" As we can see on the weekly TF we started the run up around the $1, we've been going straight up towards the $2.3 level. After hitting it's previous ATH at $2.46 we saw a fast drop down all the way back to the current strong supportzone between the 1 - 1.15 USD. This ignitiated the second run up towards the...
Looking to get support around te 26 followed by upwards pressure, then a retest and continuing it's way up. (Longterm vission) Nio still down over 50% from it's ATH, with the expanding plans in Europe in 2022 im still bullish and see the 26-28 as a nice accumulation level. Firts time idea publishing. (+ in English) Let me know what you guys think.