A suggestion for those looking to establish a long INTC position.
1) Intel has traced out a bullish Butterfly pattern going back to November of 2020.
2) Price action has taken it to a Pitchfork bottom.
3) Within this is a Bullish Black Swan Harmonic.
4) My momentum indicator suggests near price exhaustion to the down side
No guarantees of success but I am looking to establish a long position.
I need a sign of a clear reversal both in the broader markets and for INTC.
A breach of $39.19 will probably be my INTC price entry trigger.
Upside price targets are indicated.
Not investment advice do your own due diligence and pay attention to the broader markets and interest rate trends.
Good Luck
S.
1) Intel has traced out a bullish Butterfly pattern going back to November of 2020.
2) Price action has taken it to a Pitchfork bottom.
3) Within this is a Bullish Black Swan Harmonic.
4) My momentum indicator suggests near price exhaustion to the down side
No guarantees of success but I am looking to establish a long position.
I need a sign of a clear reversal both in the broader markets and for INTC.
A breach of $39.19 will probably be my INTC price entry trigger.
Upside price targets are indicated.
Not investment advice do your own due diligence and pay attention to the broader markets and interest rate trends.
Good Luck
S.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.