Intel Corporation has broken through a resistance line of a Ascending Triangle and suggests a possible movement to 68.47 within the next 16 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 7 days.
Related Posts
If you’re long BRK.B you should be aware of the rapidly approaching level of 520.8000
BRK.B is moving towards a key support level at 520.8000. BRK.B has previously tested this level 4 times…
After experiencing a 33% bearish move in the space of 45 days, nobody knows where NKE is headed.
A movement of 33% over 45 days on NKE doesn’t go unnoticed. You may start considering where it’s…
MSFT is quickly approaching the resistance line of a Ascending Triangle. We expect either a breakout through this line or a rebound.
MSFT is approaching the resistance line of a Ascending Triangle. It has touched this line numerous times in…