Intel Corporation has broken through a line of 46.86 and suggests a possible movement to 44.60 within the next 2 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 26 days.
Related Posts
Supports and resistances are primary concepts of technical analysis. XOM is heading for an important price of 118.8200 – read about what this could mean for the future.
XOM is heading towards a line of 118.8200. If this movement continues, the price of XOM could test…
Could a large bearish move on AMD be a sign of things to come?
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
TSLA hits 248.8500 after a run of 5 consecutive daily candles spanning 6 days.
After posting 5 consecutive bearish candles in 6 days, you may start considering where TSLA is heading next,…