Intel - The breakout happens now!

Sep 11

💰Intel (INTC) will break out quite soon:

🔎Analysis summary:

For the past two decades, Intel has overall been moving sideways. While we witnessed significant swings during this period of time, Intel recently retested another strong support area. If Intel now breaks the short term resistance, we will officially see the bottom formation.

📝Levels to watch:

$25

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

Sep 19

Trade active

💰Intel (INTC) rallies significantly:

🔎Analysis summary:

Intel is just another setup which is perfectly playing out. With this week's move of about +22%, Intel is finally breaking above a major key resistance level, confirming the bottom formation. Path of least resistance is much higher.

📝Levels to watch:

$45

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

Sep 29

Trade closed: target reached

💰Intel (INTC) plays out perfectly:

🔎Analysis summary:

Being up about +100% over the past two months, Intel is perfectly playing out. All we witnessed was a major rejection away from a major horizontal support area. And looking at clear market structure, this is not the end of the parabolic rally.

📝Levels to watch:

$45

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION