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TareqEsawy
Apr 16, 2018 7:29 PM

INTC failed to break above resistance Short

Intel CorporationNASDAQ

Description

Since March 2018, INTC failed to break above $53.30 levels to form a triple top which could bring sellers to the game, you can note the gradual decrease in trade volume as well which support our bearish view for the stock.

Sell Trade could be entered at 52.10
TP1 50.50
TP2 47.60

SL will be a daily close above 53.30 levels
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