Monday, August 03, 2020 2:40:02 PM
$INTC | #Intel has Found Some Support
We are all very aware of the problems that INTC has had in the previous quarter which resulted in
a horrific selloff post earnings , but maybe its time to start going through the wreckage.
On the weekly chart we can see some positive signals.
- Found support on Point of Control ( POC )
- 200 MA as support, holding for 5 years
- Symmetry with previous seff-offs.
- Deep 0.786 Fibonacci support on daily
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
We are all very aware of the problems that INTC has had in the previous quarter which resulted in
a horrific selloff post earnings , but maybe its time to start going through the wreckage.
On the weekly chart we can see some positive signals.
- Found support on Point of Control ( POC )
- 200 MA as support, holding for 5 years
- Symmetry with previous seff-offs.
- Deep 0.786 Fibonacci support on daily
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
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