Hohoolo

LONG INTC DAILY/WEEKLY

Alış
NASDAQ:INTC   Intel Corporation
INTC is going sideways since 2018.
INTC reaching a nice support zone

With the recent downturn in tech stocks, INTC may poise for a short term rebound.
Things to take note for downside risk:
1) This support zone is in the middle of the bigger sideway zone. so chances of winning 50:50. but it's a good time to collect some should there be a short term rebound and perhaps breaking new high due to increased demand in the global recovery. Otherwise, this trade could become a long term trade
2) May anormaly: Sell in May and go away

EP: now ($57.19) or within support zone.
TP: $64.23 or $68.49

No stop loss: enter again when prices hit around $43.72 and ride the sideways market.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.