Looking at
INTC recently they were hit with the news of losing a patent and being fined 2.5bn. The news itself are bad to begin with but looking more in depth I see:
-Diamond top pattern forming on the daily, it looks just as good on the weekly.
-Buying volume has been decreasing while selling volume is increasing even while it was moving up
-MACD is in negative divergence in the daily
Going to be looking at one level at a time but for the measured move of the Diamond top is nearly 20% I doubt it can be reached since there could be any catalysts that could help bring the price up. TA is not exempt from news
Once
INTC breaks below $60 the downtrend can begin to hit the following TPs:
1)$58
2)$55.83
3)$53.9
4) for the movement to be fully completed
INTC would reach near $49
-Focusing of course one level at a time analyzing price action and keeping an eye out for any news that could help keep its current valuation
INTC
-Diamond top pattern forming on the daily, it looks just as good on the weekly.
-Buying volume has been decreasing while selling volume is increasing even while it was moving up
-MACD is in negative divergence in the daily
Going to be looking at one level at a time but for the measured move of the Diamond top is nearly 20% I doubt it can be reached since there could be any catalysts that could help bring the price up. TA is not exempt from news
Once
1)$58
2)$55.83
3)$53.9
4) for the movement to be fully completed
-Focusing of course one level at a time analyzing price action and keeping an eye out for any news that could help keep its current valuation
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
