RizeSenpai

Intel: Bullish Gartley with Bullish Divergence Targeting $64.19

Long
BATS:INTC   Intel Corporation
Leading to the most recent earnings report, Intel had reached a 61.8% retrace from High to Low and was showing signs of reversing, so I decided to take profit on Intel. Now, upon spotting a potential trend continuation Bullish Gartley I now think it's possible for INTC to recover from here and perhaps go all the way for the 0.886 at $64.90, so I will be buying back in at these lower prices.

For context on the previous bullish setup, check the chart below:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.