BATS:INTC   Intel Corporation

using , inverse vix fix from trader masa crypto we see that on the weekly chart
we are at a top , The Thomas demark sequential 9 was also been completed signaling a weakness the 2 indicators in confluence is a high chance of a downtrend occuring.
I chose target based on fib at 50% from the low to high of the upptrend.

and place stop above the 9 sequential being that a price above that area would make this trade no longer valid.

stop 51.78

entry at current price

target 41.76
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.