highsun

INTC Looking for a breakout

NASDAQ:INTC   Intel Corporation
6
Here on the chart we can see Strong Support and Resistance lines, particularly the Resistance line in light blue. If you zoom in on the chart you can see that the stock is bouncing off the support-turn-resistance line. Hopefully, the market is able to breakout as there is no other evidence of it being able to breakout. The only way to know that it is, is to continue to keep an eye on this stock. There is still a high chance of the market moving between the support and resistance lines. Trade with care. Thanks
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