Intel has pulled back to Fib 78.6 extreme and trying to find support.
High volume bar too.
Worth a hedge. 31+ is also a good support of many confluences.
Will be forming my average down position abit here.
Intel Daily - 16 May 2024
Slightly impatient and sold put early....again, lesson learnt to follow technicals!
Pullback to Fib 61.8 was sound! Good bounce!
So turns out not bad...
OXY Daily - 16 May 2024
UNH continues to show it will stay between the range of 460 and 560, a pattern since 2022.
503-513 is that middle of range and it has since broken above.
Continued staying above 513 points it positively to go for 560 again.
Inverse head and shoulder (double pattern) also bodes well.
Watch 513 holds.
UNH Daily - 16 May 2024
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Comments
Why still focus on INTL? So many other good ones
Are they still gonna be up?