Get started
duyca17

INTC- 4H FALLING WEDGE - BULLISH SCENARIO

Long
Intel Corporation (NASDAQ:INTC)  
duyca17  
NASDAQ:INTC   Intel Corporation
Trend Analysis Chart Patterns
4
0
trendanalysis chartpattern
Outlook:

- INTC to form a falling wedge => bullish scenario

- MACD: positive crossover can happen

- RSI flirting oversold

Trade plan: As long as price moves within the falling wedge, just patiently wait for breakout

Target: middle of falling GAP

Stop Loss: below lower line of the wedge
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.