whiteknightmoving

INTC- Crashing into a Target Buy Zone? Part 3 of 3

Panjang
NASDAQ:INTC   Intel Corporation
Drilling down to the 1 day chart, we can begin to look for a potential buy target near 45-46 zone on the green buy line.
We may also see the completion of the Bat pattern harmonic. That shows a price target point D at about 45.87.
So lets see if there is more panic and selling next week towards the target.
This would be a low risk entry. Should price drop lower than the March low circled in green (point X), then this pattern would be voided
Penafian

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