Intel is now under immense pressure targeting $43.33 then $38.96.
Short signals on both the ST 4hr and daily chart points to $43.33 and the short signal issued since the 24th of feb this year on he weekly charts points to further weakness LT towards the supertrend target of the monthly charts at $38.96.
The LT uptrend on the monthly chart where the long signal was issued in 2012 is 8 years in up cycle and seems to be weakening with all the ST/MT indicators flashing a sell. Buyers beware. Profit taking is advised.
Short signals on both the ST 4hr and daily chart points to $43.33 and the short signal issued since the 24th of feb this year on he weekly charts points to further weakness LT towards the supertrend target of the monthly charts at $38.96.
The LT uptrend on the monthly chart where the long signal was issued in 2012 is 8 years in up cycle and seems to be weakening with all the ST/MT indicators flashing a sell. Buyers beware. Profit taking is advised.
Quant Strategic Singapore
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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.
Quant Strategic Singapore
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.