With an RSI of 41 INTC is clearly over sold. In addition the price has consolidated near the 200SMA for several days and the macd crossed.
I like the slight gap up yesterday to close above the 9ema
Targeting 57.66 then looking for it to move up the fibonacci scale.
I like the slight gap up yesterday to close above the 9ema
Targeting 57.66 then looking for it to move up the fibonacci scale.
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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.