INTC- Crashing into a Target Buy Zone? Part 3 of 3
Drilling down to the 1 day chart, we can begin to look for a potential buy target near 45-46 zone on the green buy line.
We may also see the completion of the Bat pattern harmonic. That shows a price target point D at about 45.87.
So lets see if there is more panic and selling next week towards the target.
This would be a low risk entry. Should price drop lower than the March low circled in green (point X), then this pattern would be voided
We may also see the completion of the Bat pattern harmonic. That shows a price target point D at about 45.87.
So lets see if there is more panic and selling next week towards the target.
This would be a low risk entry. Should price drop lower than the March low circled in green (point X), then this pattern would be voided