Intel - The rally starts!

Jun 18

Intel - INTC - creates a major bottom:

(click chart above to see the in depth analysis👆🏻)

For approximately a full year, Intel has not been moving anywhere. Furthermore Intel now trades at the exact same level as it was a decade ago. However price is forming a solid bottom formation at a key support level. Thus we can expect a significant move higher.

Levels to watch: $25.0

Keep your long term vision!
Philip (BasicTrading)

Jun 27

Trade active

💻Intel INTC perfectly plays out:

🔎Analysis summary:

This month alone, Intel rallied a significant +16%. But such a bullish move was quite expected after we saw the creation of bullish confirmation a couple of days ago. Intel is still sitting at a major support area and this level could constitute the bear market bottom.

📝Levels to watch:

$25.0

🙏🏻#LONGTERMVISION
Philip - Swing Trader

Jul 3

Trade closed: target reached

💻Intel (INTC) is now bullish:

🔎Analysis summary:

Intel is now trading at the exact same level as it was in mid 2024. Meaning that for the past 12 months, Intel managed to stop its downtrend and consolidate. During such a consolidation, big institutions are preparing for the next major bullish rally.

📝Levels to watch:

$25

🙏🏻#LONGTERMVISION
Philip - Swing Trader