S&P up and and has pulled back to objective demand, Intel is also up and at an objective weekly demand level from mid nov 2014, a pause to rapid indicating there was actually far more demand then sell orders there. It is my hope that there will be some left over buy orders or/and that after this sharp move down there will be a greater Suppy/demand imbalance....
Decision Area : 32.54 Up or Down ..
The Intel Corp (NASDAQ:INTC) Daily Diagram Technical Analysis Training shows the following: The (INTC) share has reacted from Tenkan Sen and the support line exactly on 2.618 of fib. This support line is above the KUMO, which means that the INTC is bullish in long term. The weekly diagram shows bullish trend and the monthly is bullish too. So the first thing in...
The Intel Corp (NASDAQ:INTC) Daily Diagram Technical Analysis Training shows the following: The (INTC) share has reacted from Kijun Sen and the support line. This support line is above the KUMO, which means that the INTC is bullish in long term. The weekly diagram shows bullish trend and the monthly is bullish too. So the first thing in mind is the $34.49...
Intel Corporation (NASDAQ:INTC) broke gap window today. Gap window is a technical support level (in this case), created by the gap up Intel had following their earnings announcement. Once this level is broken, price generally gravitates to gap fill which is the closing price on the daily chart prior to the earnings report. This will be a big support point for the...
The Intel Corp (NASDAQ:INTC) Daily Diagram Technical Analysis Training shows the following: The (INTC) share has broken the 1st support line lately. This support line is above 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...
Intel set new 5 years after it announced its sales would be better than it had anticipated earlier in the year. Intel’s news is almost certainly good for Microsoft (NASDAQ: MSFT) and Hewlett-Packard (NYSE: HPQ) since Intel is the leading maker of chips for PC’s. The PC market has been so mature that most analysts assumed that Intel’s future would be relatively...
Intel is meeting all of the requirements of a Bearish Crab pattern . The prediction of the D leg slams right into previous structure of monthly resistance of the wave II cycle at $34.34. Would make for a perfect PRZ. Also, If we could get some divergence on the RSI, that would make for a better confirmation . Let's see where price action takes...
Market is choppy in 2014 with lack of continuation moves both sides. So, theme of the year is stock specifique approach. I am looking for strong stocks, buying pullbacks and support. Intel is in strong uptrend since the beginning of 2013 year. Now, stock is wedging. Support at $26.00 could be our stop. Next resistance (target is $27.12 double top) If it will...