Broke cleaning through the $24 resistance level after breaking out of the triangle and retesting before bouncing.
Price is looking good here to test the 150 Day MA next at $27.30, clearing this level and the 1.618 Fib and 200 Day MA will be the target at $31.60, a +20% jump from here.
I think if $INTC retests its $24 level from above now and holds, then you have a buy signal to add until $31
But with $INTC, if you intend to buy, I suggest with the aim to hold for long term.
Daniel
2024-11-11 17:21:16 +0000 UTC