Symbol: INTC (Intel Corp)
Setup: LLT
Entry: 43.5 or lower if possible
Stop: 41.85
Target TP:
48.5 (TP1)
51.8 (TP2)
56 (Target)
64 (if extension occurs)
Idea:
LLT should offer support zone (42.6 to 44). This should hold and cause a reverse to 56. you should see price run into resistance around 48 and 52, these zones should be broken for price to return back to 56 and above.
Setup: LLT
Entry: 43.5 or lower if possible
Stop: 41.85
Target TP:
48.5 (TP1)
51.8 (TP2)
56 (Target)
64 (if extension occurs)
Idea:
LLT should offer support zone (42.6 to 44). This should hold and cause a reverse to 56. you should see price run into resistance around 48 and 52, these zones should be broken for price to return back to 56 and above.