bigrediska
Long

Double bottom.

NASDAQ:INTC   INTEL CORP
137 2 1
Arent fibs to be applied from bottom to top here`?
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If you wanted them on the chart I guess, I've used fib retracements with Elliot waves before, they're just yet another guideline to explain an idea, it might just make the chart too busy though, I understand what he's trying to get across with just his current drawing
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