Intel Corporation has broken through the resistance line of a Triangle. It has touched this line at least twice in the last 11 days. This breakout indicates a potential move to 59.25 within the next 22 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Related Posts
NVDA – approaching a resistance line that has been previously tested at least twice in the past
NVDA was identified at around 183.45 having recently rebounded of the support on the 1 hour data interval.…
After testing 509.4850 numerous times, MSFT is once again approaching this price point. Can we expect a bearish trend to follow?
MSFT is moving towards a line of 509.4850 which it has tested numerous times in the past. We…
Breach of support could mean a start of a bearish trend on BABA
BABA has broken through a support line. It has touched this line at least twice in the last…