Avirany

INTC 10-05-2022 Long

Long
NASDAQ:INTC   Intel Corporation
Asset and Time frame -INTC,1M
Entry Price -44.39
Exit(Stop Loss) -42.22
Exit(Take Profit) -52.03

Technical Analysis - Pretty simple, the price has reached a multi-year support line that has been tested over 15 times in its past, add the 100 Month moving average, and that's a tough trade to say "no" to,
The market is choppy, bearish, and volatile, risking 0.75% instead of 1% to reduce exposure

Good luck!
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.