Despite the good earning results, Intel seems to have delays on the development of a new generation super faster chip setting back the price level to approx. 50 USD. Based on technical analysis, the best option is to hold and wait if the 50 USD level will work as support for a new rally, otherwise, if the support level of 50 usd will be broken, there might be an...
Intel with a bullish Fibonacci transition through the circle AMD looking to push higher through the current fib ring aswell I assume that other tech stocks like IBM and NVIDIA will follow.
Please note that this is a very short term signal.
Looks great transition between Fibonacci levels within the fib circle
$INTC is getting ready for a breakout. $62.13 is the critical resistance to get above. Watch RSI break out as well. if you find my charts useful, please leave me a "like" thx
My previous information was that the financial outcome for this fist quarter was positive, but, it seems that Intel Corp. withdrew its full-year sales forecast, citing “significant economic uncertainty” caused by the Covid-19 pandemic. The company’s shares fell more than 5% in late trading.
Cup and handle on the daily for Mu and weekly for Intel. This is a very bullish and often very successful chart pattern. Go long buddy!
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.
On both the 4 hour and daily chart, the RSI is showing that Intel is currently Overbought. The MACD also seems to be indicating a sell position, along with what looks to be a potential double top position.
The price above 200 MA, indicating a growing trend. The MACD histogram is above the zero lines. The oscillator Force Index is above the zero lines. If the level of resistance is broken, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 51.20 • Take Profit Level: 53.00 (180 pips) If the price...
I have always been grateful to have knowledge in both tech and finance. To be able to Forex EMA 8,12,15,20,25,50 swingtrade & to be able to understand the tech behind the market. People might read this headline in think so what big deal? People have no idea the significance that cloud storage (specifically a platform that’s multifaceted, flexible, fungible ,...
I have always been grateful to have knowledge in both tech and finance. To be able to Forex EMA 8,12,15,20,25,50 swingtrade & to be able to understand the tech behind the market. People might read this headline in think so what big deal? People have no idea the significance that cloud storage (specifically a platform that’s multifaceted, flexible, fungible ,...
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to hit the top of the pattern and watch strong price action for sell.
INTC brings up a buying chance but I prefer to wait and get a better price. At the moment I'd like a short position and the target around 44 it looks ok. Sidenote: "Top-notch entries are exclusive to members of Cream Live Trading" Learn how to beat the market as Professional Trader with an ex-insider! Have a Nice Trading Week! Cream Live Trading, Best Regards!
INTC seems going for a completion for this 5 waves correction. I'm looking for a low degree correction and one more wave down to complete the Z wave. Then we can look to the price action on the lower channel for a potential bounce to the upside. Bullish divergence on 4h chart.