The breakout of Intel Corporation through the 51.63 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Intel Corporation could test 54.15 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Related Posts
AVGO is approaching a support line of a Flag. It has touched this line numerous times in the last 8 days.
Emerging Flag pattern in its final wave was identified on the AVGO 1 hour chart. After a strong…
CVX is quickly approaching a very important level it has previously tested numerous times in the past
CVX is moving towards a resistance line. Because we have seen it retrace from this level in the…
GOOGL – approaching a support line that has been previously tested at least twice in the past
Emerging Triangle pattern in its final wave was identified on the GOOGL 4 hour chart. After a strong…