INTC Analysis
Updated
Decending wedge breakout possible here for the bulls or bears... keep watching for rsi to diverge and break trend lines 1st... $42 area must hold or plummet occurs... spot is $54.00 that looks ripe and sweet or $42.00 which makes for queezy stomachs for holders.
Trade closed: target reached
Played out well here too
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.