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Momentum Oscillators

Intel (INTC) ... A Confluence of Positive PatternsA 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.
NASDAQ:INTCLong
by Steve666
2
REVIEW $TAIEXBearish Fundamental - $Taiex bigcap are mostly semi-con whereby most are over-valued during the pandemic - Now that demand are declining, there will be a surplus of supply > demand and looking at the coming recession / stagflation in the US. Taiwan being US semi-con partner. It will not go well with the GDP TA - Broke of major upward trend losing momentum - Form a rising wedge and broke down - Divergence in momentum theory indicator - Price did a rebound and unable to clear 0.5 fibo goes to show that this down trend is pretty strong Love Taiwan But will see a big decline in their economy in the coming 2-3 years. It will show in the country GDP as a big part of their economy depends on Semi-con
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by nexxtrade