Intel Corporation
Long
Updated

Intel - Finishing the +500% parabolic rally!

3 404
⚙️Intel (INTC) is ready for a pullback:
snapshot

🔎Analysis summary:
Intel has been rallying an insane +500% in just a couple of months. But looking at the higher timeframe, this was actually totally expected. And since Intel is now quite overextended, we could see a healthy pullback. But the underlying trend remains bullish.

📝Levels to watch:
$70

#LONGTERMVISION
Trade active
⚙️Intel (INTC) is starting a retracement:
snapshot

🔎Analysis summary:
Let me be very clear on Intel: This chart still incredibly bullish without any doubt. But now, Intel is also totally overextended and ready for a healthy pullback. This just means that it is now time to take profits again, after this phenomenal parabolic bullrun.

📝Levels to watch:
$70

🙏🏻Keep your #LONGTERMVISION – Phil

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