d.vezeris
Long

Intel Corp Daily (23.06.2014) Technical Analysis

NASDAQ:INTC   INTEL CORP
88 0 1
The Intel Corp             (NASDAQ:INTC) Daily Diagram Technical Analysis shows the following:

The ( INTC             ) share has broken the resistance of the trend line (light blue) lately. This resistance line was over the KUMO, which means that the INTC             is bullish in long term. The weekly diagram shows bullish trend but an overbought RSI . The monthly is bullish too.

So the first think in mind is that INTC             solved upwards a 10years reversal pattern. The last time that Intel             share worth $30 was Feb 2004 (year of Olympic Games in Athens-Greece). So this is a new age for Intel             . MACD is forcing its bullish trend and RSI too. The volume is 30% over the average.

There is no special candlestick pattern. The share is over the KUMO and after the sharply rise movement it is over the Tenkan Sen (green line) and Kijun Sen (blue line) too.

There is a bottoming special pattern of reversal these ten years (as I mentioned above – see related link). The fib from $21.90 to $26.71 shows a step over the 1.618 at $29.68 and a 2.618 @$34.49 for a first target.
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out