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basictradingtv
Feb 13, 2024 7:34 PM

Intel - Potential Trading Setup 

Intel CorporationNASDAQ

Description

Hello Traders, welcome to today's analysis of Intel.

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Explanation of my video analysis:

In 2017 we had a major triangle breakout on Intel which was followed by a +70% rally. Then in 2022 Intel broke major support towards the downside and reversed perfectly at a major previous structure. Since Intel is now back to a bullish market, I am just waiting for a retest of the level mentioned in the analysis and then I will be looking for long continuation setups.

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I will only take a trade if all the rules of my strategy are satisfied.

Let me know in the comment section below if you have any questions.

Keep your long term vision.
Comments
TheGrove
NIce job bro , keep going!
basictradingtv
@TheGrove, thanks a lot Grove - I will!
AwesomeAvani
Looks good to me. Thanks!
basictradingtv
Smash that "Like" button if you think that Intel can potentially move higher from here! Keep your long term vision.
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