ch241

Intel Stock

NASDAQ:INTC   INTEL CORP
Intel is forming a broadening trend. If it breaks through the resistance at ~47, it has the potential to reach a target of 52-56. Additionally, the candles remain above the 50 and 200 moving averages. We will see in the next couple weeks!
Comment: As we enter week 2 of the Intel trade, we can still expect bullish movement towards the resistance line at 50.80. If the trend cannot break this resistance line, we will have a head and shoulder formation, which will probably break below the support line at 47.54. Have your stop losses ready at 47.78, just in case.

Technical Analysis:
Oscillators remain bullish for the RSI. However, the CCI line has crossed the +100 line, so we could expect a downward trend sometime in the near-distant future. As for moving averages, the candles remain above both of the 200 and 50 MA.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out