AFTER THE DOUBLE TOP AND THE TREND CHANNEL, WERE WE HAD GREAT RETURNS OVER , our way to take an hedge on the market is this red resistance, since fundamentaly intel will decrease in value during the time they can properly shape they cpu, a break under the red resistance is an great short entry.
we also need to account that somewhere in the futur month the euphoria will stop and the market will fall. a red month is ahead before june.
so if the global market is deacreasing and intel to we will have a target of 35.
we also need to account that somewhere in the futur month the euphoria will stop and the market will fall. a red month is ahead before june.
so if the global market is deacreasing and intel to we will have a target of 35.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.