- Daily Breakout - 4 Inside Weeks - Large Volumne on Daily NYSE:AI
#INTC $INTC - testing strong support - Good Long Run
It can become resistance line or stayed strong support line
Positive - Good Fakey Setup - Good Support Line - Good Support Zone (Level) Negative - Last candle is not good confirmation - Strong Bearish Pressure Conclusion - Setup rely on support line, if it breaks it negate this setup - Need to see next 2-3 Candles Comparison to recent fakey setups ( As shown in diagram ) - 3 out of 5 worked with good R:R, they were...
Positive - Good reaction to support line - Last pin bar - Good solid trend Negative - Closed below 20MA Stop loss - 1242