INTEL.....Add to watchlist!

190
Hello Traders,
on September 02 I published a "trading-idea" for INTEL!
INTEL....New 52-week high next?


This idea implicate a "stop-buy-order @ $36.60-37-19 with target @ 39.71!
This idea worked out well, and the stock touched my target level within a "spike" of an "Inverted-hammer" candle. Since then, the stock changed trend and is now in a corrective set-up!
There is no need to jump in on a "call-option-trade", cause on Friday a fresh new sell signal occurs with a "bearish-engulfing-candle"!
Option traders can sell a call option and buy back at lower levels (this is no recommendation for a trade)!
Short-term. A break of Friday's low opens the door to 33,59 and below to 32.02! Selling pressure often ends with a long-legged candle (i, e, with a long shadow to the downside)!
So to me, it looks not complete to the downside.
I add INTEL; Ticker: INTC to my watch list!
Have a great weekend....
Ruebennase

Feel free to ask or comment!
Trading this analysis is at your own risk!

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.