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Intel Corporation
Panjang
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Intel - Stop the bleeding!

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Hello Traders and Investors, today I will take a look at Intel.

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Explanation of my video analysis:

In the beginning of 2023 Intel stock retested a multi year long horizontal structure at the $26 level. Here Intel created bullish confirmation and took off, creating a crazy rally of +100% within a couple of months. Then we saw a false breakout towards the upside which was followed by an incredible sell off. At the moment Intel is retesting support so we might see a short term short covering rally.

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Keep your long term vision,
Philip (BasicTrading)
Nota
Seems like Intel is actually NOT slicing through the support level.

We might still see a bullish reversal which leads to a nice rally, be patient!

syot kilat
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Beyond Technical AnalysisbreakandretestChart PatternsfalsebreakoutintclongintelintelcorpintelcorporationlongsetupshortcoveringswingtradingTrend Analysis
SwingTraderPhilTV
👇🏻Free: SwingTrading-Academy
discord.gg/jgdrYXwqyD

SwingTrading.Simplified.
Investing.Simplified.
#LONGTERMVISION
Juga pada:

Penafian

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.