INTC 07-12-2020 Long
Asset and Time frame -INTC,Daily & 1H
Entry Price -49.83
Exit(Stop Loss) -48.75
Exit(Take Profit) - 53.16
Technical Analysis - INTC has touched a significant support line and started a bullish trend(RSI touched overbought on daily) now were making a small correction to continue the trend, basiclly we want a good entry, so either the -27.2 or the -61.8 Fibonacci level, depending on the price action at those levels, so if there is a bullish engulfing candle on either of those levels, on the daily chart we have the 100 & 50 SMA being used as support levels.
What can be improved & Conclusion & End of Trade -
Entry Price -49.83
Exit(Stop Loss) -48.75
Exit(Take Profit) - 53.16
Technical Analysis - INTC has touched a significant support line and started a bullish trend(RSI touched overbought on daily) now were making a small correction to continue the trend, basiclly we want a good entry, so either the -27.2 or the -61.8 Fibonacci level, depending on the price action at those levels, so if there is a bullish engulfing candle on either of those levels, on the daily chart we have the 100 & 50 SMA being used as support levels.
What can be improved & Conclusion & End of Trade -
Dagangan ditutup: hentian tercapai
Fundamental change, Microsoft is starting to build its own processors.
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.