Intel Corporation to crash yet another 50% to $11
** Forecast for the weeks ahead **
Continuing with the unpopular bearish outlook for Intel, see “Incoming 60% correction for Intel Corporation” idea (below), the chart now indicates a further 50% correction.
On the above 10 day chart:
1) Price action and RSI resistance remains active.
2) A downtrend remains intact, lower high lower lows.
3) Confirmed bear flag with extension to 11.24
4) 90% of all recent public ideas are “Long”
IINTC/SKYLP
Remember 90% of traders will lose money.
Is it possible price action rallies from here? Sure.
Is it probable? No
Ww
Type: Long Put option
Risk: You decide
“Incoming 60% correction for Intel Corporation”
Continuing with the unpopular bearish outlook for Intel, see “Incoming 60% correction for Intel Corporation” idea (below), the chart now indicates a further 50% correction.
On the above 10 day chart:
1) Price action and RSI resistance remains active.
2) A downtrend remains intact, lower high lower lows.
3) Confirmed bear flag with extension to 11.24
4) 90% of all recent public ideas are “Long”
IINTC/SKYLP
Remember 90% of traders will lose money.
Is it possible price action rallies from here? Sure.
Is it probable? No
Ww
Type: Long Put option
Risk: You decide
“Incoming 60% correction for Intel Corporation”
Trade aktif
Resistance confirmed.
Domp et.
Catatan
A significant confirmation of broken market structure for Intel.
There's been a lot of messages some directly accusing me of manipulating 82b market (seriously? Is my name Elon?)
Wait until the $11-12 test, there's no guarantee the fall will be arrested at this level.
The annual chart (below) ended 2024 with a large bearish engulfing candle. Should $12 fail, price action plummet to 90 cents.
Yearly chart, bearish engulfing
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
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