Like Amazon, Zoom and also possibly AMD, Intel also has a stubbornly obvious rising broadening pattern. And worse, this one's last bounce-able trip to the bottom of the formation looks to have been accomplished in March. After this half-trip to the top, the next step is typically to fall out of the bottom.
Perhaps we can use this price action to predict a poor earnings release, as weird as that may sound to many people. It looks baked in.
Perhaps we can use this price action to predict a poor earnings release, as weird as that may sound to many people. It looks baked in.