INTC is trading within a rising wedge pattern. Price has found support at the horizontal demand level and wedge trendline.
If price continues to respect these levels we should anticipate a continuation of this bounce to the upside.
Trade invalidates if price closes below $31.50
Initial target $40; Secondary target $42
If price continues to respect these levels we should anticipate a continuation of this bounce to the upside.
Trade invalidates if price closes below $31.50
Initial target $40; Secondary target $42
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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.
Related publications
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.