Intc shortHeaded back down to 29.00
If it breaks below 29.00 then that's a head and shoulder.
First target is 29.75 gap close
INL trade ideas
$INTC - Bump & Run Reversal PatternPerhaps even more than the Bump & Run Reversal Pattern being formed, what's sparking my attention in this market is the beautiful distribution patterns which this market registered before the downtrend which appears to be transitioning to an accumulation stage now.
Look how this market displayed an erratic price action since 2018, forming that final and chaotic base before the sell off.
Look at how it produced a RSI bearish divergence at the right end of the base, before devil cross and breakout below the base's support.
That's chart poetry. What can you learn from it?
- Get away from late stage bases.
- Do not trade breakouts formed with RSI divergences.
- Use this late pattern as a bearish trigger for the bold traders out there.
What else? Oh,, of course, the B&R reversal pattern. Can you see it as well? A bullish trade here is very difficult to execute nevertheless. Primarily because if we wait for a breakout from that trendline/10 EMA, then we will be left with a poor risk to reward ratio for this trade. So it needs a bullish trigger as close as possible to the current support area.
No matter what you do, remember that this is a game of odds, not of certainties. Therefore your number one priority at all times should be to manage risk diligently.
Cheers,
Tenacious Tribe - Quantified Trading Strategies & Studies
INTC Target ~35A bullish breakout of a Triple Bottom pattern has occurred. Price came back to retest support.
Price Target around 35
INTC - Waiting for Take Off?INTC is inside the Waiting Room for Bullish Action
Current Idea: Neutral
Important Price Point:
Current Stop Loss: $ 29.29
Lowest Support: $ 24.87
Resistance: $ 33.84
1st Price Target: $ 36.60
2nd Price Target: $ 46.54
3rd Price Target: $ 53.13
OVERALL VIEW:
Scenarios:
The Price Gap of $30.93 - $31.10 has been a fortress lasting 7 months.
A breakout occurs on W4 March 2023 until the last swing high at $33.84.
A short-term correction was stopped by Earning Reports last Thursday.
A new price gap occurs between $ 29.95 - $ 30.81.
Pay attention to the $ 29.29 - $ 29.95 area for the current best entry level.
$ 29.29 is coming from the Weekly Conversion and Base Line (Ichimoku Cloud) value which holding on as support since 20 March 2023.
Weekly Ichimoku Cloud is still in a bearish bias, but the daily has been in and out - above and below the cloud consolidating.
I believe accumulation is in progress right now.
INTC breakoutEarnings reaction was good, if it opens strong tomorrow it could break the descending trendline and be a decent swing to 35s
possible bounce off the 61.8% level.NASDAQ:INTC
I am thinking of buying the dips at low 29s, for the 37s/37s targets next
RockSpear™ for daytrade and swing entries
Intel Long-Term Long (or short if it goes belly-up)For those who like regression channels, here is a chart of Intel going back to 1973. The channel has a Pearson coefficient of over 0.9, suggesting pertinence of the indicator. There has been consolidation around the bottom of the channel, ending with a good bullish H-A candle. You will be able to see a triple bottom on the weekly chart followed by a break-out of the consolidation. I am undecided as to whether to get in now or to wait for a little extra push. An upward move to about 70 seems possible.
Conversely, if price drops out of the channel below recent consolidation, look out below!
INTC retest breakoutConsolidation for ~28 weeks in a range between 24$ and 30$. We broke out can previous resistance turn support ?
Weekly RSI showing bullish divergence with higher RSI lows and same price lows.
High risk reward ration with two targets.
SL: ~30$
TP 1: ~35.5$
TP 2: ~37.9$
INTC starting new upward trendIntel stock is retesting multi-year support, showing a local triple-bottom. It just broke out of resistance, is retesting it as support. If the red resistance lines holds up as support, INTC could quickly reclaim 50-60. Value in this business is being helped along by technology advances and domestic stimulus. Explosion of AI softwares incentivizes chip development as does domestic stimulus in chip manufacturing. AI tailwind meets "Buy American".
Third is the charmCheck my previous post down below. Intel is taking a little more than I expected to take off, but is because is forming a triple bottom. I just added to my long position. I think this time is going to break it.
Intc to 35After the explosive rally from 24 to 33 INTC spent most of last week pulling back ... one of the main indicators that tells me it was just cooling off is the low volume on pullback.
Now we have pullback to our uptrend in a bullflag form
My upside target would be that fib resistance at 33.92
Entry Over 32.00
Target 34.00
Stop loss 31.50
I like 4/28
34c
INTC 20ema/200ema SHOWDOWN !!! INTC will be a intresting one to watch! Incoming 20 ema / 200 ema showdown. The MACD , and RSI on the Daily are showing signs of exhaustion, however I trust the EMA's over those oscillators.
Take a second and look back at the average price increase after the 20ema crosses the 200 on this stock.
If you are a options trader this should be something to keep an eye on in the coming days / weeks.
A lot of potential either way for gains to be made!
NASDAQ:INTC
I'm going to keep a Neutral opinion on this until the reaction from the EMA's. If I had to make a bet I think with the green volume shelf (volume not shown on chart) that is under this price level, we just might get a golden cross here. Keeping the RSI & MACD in mind at all times that this thing might be gassed out.
$INTC (Intel) consolidation breakout for a potential longNASDAQ:INTC looking like a potential long as we come into this breakout level.
Looking for a retest of the breakout level or possible a touch of the discount area for a bounce and move higher. First target would be the top of the downward channel. If we can break that channel we have room to move higher.
Lots of room to the bottom of the channel as well so will be looking for confirmation before taking any position.
Potential Bull flag and break impending on INTCIntel is a strong blue chip tech stock that could play on my TSM bearishness. If TSM does get demolished Intel will rise. Intel has strong revenue, is in many mutual funds, and is forming a potential bull flag. If I enter this position, it would be with May 19th calls 38 -40$ strike price.
INTC Possible ABC Correction $28-$30INTC may have just completed an Elliott Wave and ABC correcting down to $28.00. Unless $30.00 holds.
Also MACD and RSI look to be reversing.
I think $30.00 and possibly $28.00 good areas for longs.
-Not Financial Advice or Trading Advice-
No clear direction yet for $INTCOne of the most fascinating things about trading for me is that participants can see different things while looking at the same chart (i.e. data)....
Bull flag or first steps towards bottom of the tri....?Just watch and see....
INTC, 6d/-16.8%falling cycle -16.8% more than 10 days.
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This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only.
$INTC | Double Bottom Pattern | Time To Increase AgainNASDAQ:INTC | Double Bottom Pattern | Time To Increase Again
After a long period of time, Intel completed a double bottom
pattern.
This is increasing the chances that after any short pause, the price should continue
to increase again.
Immediate support will be found near 31.3 and after that, I am expecting the price
to rise again.
Resistance and target zones 36.15 and 40.40
Thank you and Good Luck!
Intel INTC price predictionI'm looking for a retest of the resistance now support line hoping to catch it for a lil ride, but as always I know nothing
Sell signal in Intel
Intel seem to be around the end of this upswing cycle. It may start coming down in a day or two.
