$INTC is moving well now, it found resistance at the blue line at $24 and giving us a pull back so I have added in the green Fib levels to see where support can come, price has already tested the 0.5 Fib and 50 Day MA at $21.59, so let's see if the price can hold here or just slightly lower at the 0.618 Fib levels, a hold here and we are looking at the start of a new impulse wave
You would quite literally be buying at the bottom here of a new cycle.
Richard
2024-10-06 12:14:37 +0000 UTCPierre penasa
2024-10-06 10:34:33 +0000 UTC