For more than two decades, Intel has not been trading in any clear trend. We saw a lot of swings towards the upside which were eventually always followed by corrections, making Intel a very easy to trade stock. After the current retest of support, a move higher will eventually follow.
And Intel perfectly pumped the +15% which I mentioned in this analysis, retesting the previous support level, which was turned resistance after the break towards the downside. With Intel already rejecting this key structure, it is quite likely that we will see another retest of the previous swing low level.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.