TradingView
RizeSenpai
Mar 1, 2024 11:32 AM

Intel: Bullish Gartley with Bullish Divergence Targeting $64.19 Long

Intel CorporationNASDAQ

Description

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:
More