INTEL Corp (INTC) Complete Indecision!

18 May 2020

hey guys,

intel is stuck in a classic horizontal indecision range.

the price is coiling within a 6 dollars range for more than 1 months and to clarify its future direction we need a breakout.

both scenarios are equally possible and we should be prepared for a bullish and for a bearish violation.

in case of a bearish daily breakout,
the price will drop lower to 53.0/49.3 levels

in case of a bullish daily breakout,
the price will grow to 64.0/67.3 levels

good luck!