Intel got domped on earnings leading to a nice gap down that has yet to be filled. Like clockwork, buyers stepped in once prices reached the 200 daily moving average @ $54 driving the share price higher.
The volume profile is showing a lot of shares were traded at around $57 per share, thereby forming a nice base, or support, now that price is peeking above it.
There is a low volume node at around $58.40 and price is also approaching the 55 exponential moving average. Therefore, should buyers lose interest it would be around that price. If price moves past the $58.40 area with ease, I am confident
INTC will be able to fill the gap completely and move towards the $64 market.
The volume profile is showing a lot of shares were traded at around $57 per share, thereby forming a nice base, or support, now that price is peeking above it.
There is a low volume node at around $58.40 and price is also approaching the 55 exponential moving average. Therefore, should buyers lose interest it would be around that price. If price moves past the $58.40 area with ease, I am confident
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.