ellewell

INTC Potential Short Set Up

Short
ellewell Updated   
NASDAQ:INTC   Intel Corporation
I think this is a relatively safe set up because of the way tech is looking as a whole.


Wait for price to break yellow line for extra confirmation of trade playing out.

Conservative stop is still pretty solid in terms of risk so hypothetically it could run that long and still play out. But probably best to just use the tighter stop, especially if yellow line is broken.


Deeper targets are very likely when this starts.
Trade closed: stop reached:
Stopped out. Markets rallying hard as a whole which is fine by me.
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