Intel CorporationUpdated INTC Personal Analysis
Graph: Steep price movements since December 2017. Attempted to reach its all time high of $75.91, but failed twice at the $68.5 price level.
Very strong support (yellow horizontal line) at $43.75. Price is currently at $49.68 after rebounding close to the 0.618 Fib at $47.4.
Trends:
- No clear emergence of a strong pattern, but price movement has historically rebounded multiple times off the support line $43.7
MACD and RSI 1 Day Timeframe
- MACD 1D: Low volume, but expecting a small bearish crossover.
- RSI 1D: Below the medium, more bullish.
This is not a recommendation or trading advice.
Always do your own due diligence
Very strong support (yellow horizontal line) at $43.75. Price is currently at $49.68 after rebounding close to the 0.618 Fib at $47.4.
Trends:
- No clear emergence of a strong pattern, but price movement has historically rebounded multiple times off the support line $43.7
MACD and RSI 1 Day Timeframe
- MACD 1D: Low volume, but expecting a small bearish crossover.
- RSI 1D: Below the medium, more bullish.
This is not a recommendation or trading advice.
Always do your own due diligence
Note
Potential buy at $43.75 and hold until 0.618 Fib at $47.40, or 0.786 Fib at $56.97 depending on chip news shortages and earnings. This is not trading advice. Personal analysis
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.
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.