Intel - Planning another textbook swingtrade!

🚀Intel (INTC) is getting closer and closer:

Being down about -25% over the past two weeks, Intel is slowly approaching the next major support. And while we would still have to see a move of another -30%, Intel might also form new support much sooner. Thus the monthly candle of July will be very decisive.

$65

🚀Intel (INTC) has to drop a final -20% now:

After creating a quite expected move of about -40% lower this month, Intel is coming closer to major support. And looking at the higher timeframe, Intel is just heading for a textbook break and retest. But first, Intel has to correct a final -20% from here.

$65