INTC Personal Analysis

Graph: Steep price movements since December 2017. Attempted to reach its all time high of $75.91, but failed twice at the $68.5 price level.
Very strong support (yellow horizontal line) at $43.75. Price is currently at $49.68 after rebounding close to the 0.618 Fib at $47.4.
Trends:
- No clear emergence of a strong pattern, but price movement has historically rebounded multiple times off the support line $43.7


MACD and RSI 1 Day Timeframe
- MACD 1D: Low volume, but expecting a small bearish crossover.
- RSI 1D: Below the medium, more bullish.

This is not a recommendation or trading advice.
Always do your own due diligence

Comment:

Potential buy at $43.75 and hold until 0.618 Fib at $47.40, or 0.786 Fib at $56.97 depending on chip news shortages and earnings.

This is not trading advice. Personal analysis