Intel Corporation
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INTC Awaits a reversal from the bottom of the recent price range

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INTC in the past week trended up and reversed into a trend down which then went into a low

volatility narrow range consolidation to finish out the week. I see INTC as being in the bottom

of its recent trading range and ready to head higher inthe upcoming week. The RSI lines are

in the area of 35-40 and the slope of the regression line is rapidly decreasing. On the

15 minute chart based on the volume profite and a Fibonacci retracement I have marked

out two targets and the stop loss. I am going back to the well as INTC paid me in February

and appears ready for a swing trade long here. Although, it is in the shadows of NVDA and the

others INTC along with SOUN, DELL, HPE and been recent winning trades and going back

to what has worked in the recent past is my strategy here.
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스냅샷
노트
INTC is looking good. now a successful swing trade while NVDA fades

스냅샷

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