LukkVal

Mar 24, 2021 3:32 PM

Intel Corp (INTC) rallies, but pay attention to market signa

Intel CorporationNASDAQ

Description

⋅ Mar 24, 2021 3:32 PM

In the last weeks, this stock has been heavily traded. Many sites talk about title rallies, but....

Technically it's a bullish moment, but the last three days have created a pattern that I don't like. If I had the stock, I'd be careful.

A news by MarketWatch: https://www.marketwatch.com/story/intel-is-very-ambitious-but-now-comes-the-hard-part-11616598755

A news by FXEmpire: https://www.fxempire.com/forecasts/article/intel-rallies-to-52-week-high-712990

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Comments

drhpatel87

⋅ Mar 27, 2021 3:06 AM

It’s a broadening wedge. Could break either way.