Islands form when 'prices gap up to the formation and then gap down at the same price level' this is what traders would call an island top, where the initial breakout is upward, forming the island seen, and then a drop back down to the water follows so to speak. With a 23/23 success rate in a bull market according to 'Encyclopedia of chart patterns' islands are a...
Looks like a cup to me, whether the handle forms or not is another question. Waiting for a lower entry is the best bet if following this chart. The bull trend will continue very strongly after this development. Intel is creating some very powerful processors and investing in AI development, these fundamentals are promising for the future of the company.
INTC is currently holding above 55.75 where it formed a support. If price continues up, we can expect price to retest the highs of 59's. If price breaks below, we could be headed back to our key level support of 53's
#INTC flashed a big trend signal in the daily timeframe here, explosive upside potential. Risk is $1 per share roughly (stop at 57.75) to make up to $6.06 per share in 11 days. With China changing their stance on IP theft over the weekend, a big trend in equities can fire here. Trump more likely to get to a trade deal resolution soon (or that is what market...
Bearish on $INTC as any good AMD bull would be. Looking for long term puts here soon. Keeping an eye for entry
AMD crushed all major resistances. The stock remains a strong-buy (stop-loss @ 37.15). Just keep an eye on this shady market when going long.
INTC gapped and ran up on earnings. Professional Traders are setting up ahead of the test of the previous highs.
At the time of writing, Intel stock, $INTC is trading at 58.66. Maybe it will even reach 60, though I don't think it is highly probable. In my opinion, even if it will go up in the short term, within about 1-2 months it will go back to ~50. I am expecting that in 3-4 months, after their next quarterly report, it will drop to the main support, at around 45. The...
High Frequency Traders gapped INTC up on earnings news. Pro traders are in the mix. The previous resistance level is a profit-taking technical level for the professionals, who entered before the High Frequency Trading gap.
An update from my previous INTC post on October 24th. The price has continued moving higher since the positive earnings announcement but the price seems to have been rejected right at gap resistance. Just have to wait and see where the stock can find support. I'm looking around $54.80 which is the 100% Fibonacci Extension level.
Absolute stunner for technicals, all indicators point to a breakout above a 20y-old upper trend-line, including a run for the all-time-high (later). At this point it's difficult to say how the stock will behave after the run, or where that run will stop or consolidate respectively. But for now it's all about the stock sitting on top of the 'weekly' Heikin Ashi...
There was a gap down back on April 26th following a disappointing earnings release. Since then, the price has been unable to break above the resistance line created by the gap down. The price was rejected at this level for the third time but there is also an ascending triangle pattern forming. Depending on how earnings are taken there will either be a breakout or...
1D Bull Flag breaking out, simple stock trade with 1 take profit. Entry: 51.47 TP 1: 56.66 SL: 46.54 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss...
Tomorrow at the opening of the market place bearish strategy for at least 60 days. look for ATM and leaved it open until profit! If the prices raised around 5$ buy it back
Bullish consolidation above relevant moving averages, supported by moving average crossover! First target $55