Intel is strong, it's a beautiful reversal of a downtrend on a long-term trend. Current uptrend is in correction and there's a distribution going on mid-term, which means now is not the best time to enter but considering strong weekly reversal INTC is something you should keep an eye on and pick up. The blue line for the support has been standing so far, we will see if it's going to be the lowest target in this correction.
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P.S.There are many other indicators that are being used for this TA, the above snapshot is only an example.
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Moreover, I've been doing technical analysis for quite a while, and I'm neither bullish nor bearish, I'm a swing trader who likes TA. And as you should know - always make your own choices.Transaction en cours
Intel remains among the strongest in semiconductor area, currently bullish uptrend keeps building up for higher moves.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.