whiteknightmoving

INTC- Crashing into a Target Buy Zone? Part 2 of 3

Long
NASDAQ:INTC   Intel Corporation
On this weekly chart, we can see the wonderful buying opportunities that the
Long term lower green channel line has provided us. Notice the circled green spots. Those were former buy signals.
Remember that INTC has been a sleepy giant for the past 20 years (since the Y2K (year 2000 high). It has been building energy in its stock price basically going sideways since the sell signal was given
back in 2000.
Disclaimer

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.