Double bottom break-up, target of $40

2023-04-07

INTC $Intel(INTC)$ closed last month well, breaking through the double bottom and gaining a foothold above.

There was also a break-up on 1W after a six-month consolidation.

It is not advisable to buy from the current price ones because of the distant stop-loss. But it is possible to take from the current 20%, so that in case of a breakthrough to the top, you do not regret the lost profit. The remaining 80% or distribute in the block. Or it is even better to look for entry points with short stops in this block on 1D -1W.

The 3 main goals are indicated by green lines.

$35 closing... Gaining GPU shares. and AI shares.

Looks like INTC can't wait to have their qrtly earnings announcement. should be decent....

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Comments

Newbie_21
2023-04-07
Newbie_21
Ok
chandra
2023-04-07
chandra
Ok
Reload
2023-04-07
Reload
[Smile]

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There was also a break-up on 1W after a six-month consolidation. It is not advisable to buy from the current price ones because of the distant stop-loss. But it is possible to take from the current 20%, so that in case of a breakthrough to the top, you do not regret the lost profit. The remaining 80% or distribute in the block. Or it is even better to look for entry points with short stops in this block on 1D -1W. The 3 main goals are indicated by green lines.$35 closing... Gaining GPU shares. and AI shares.Looks like INTC can't wait to have their qrtly earnings announcement. should be decent....<img src=\"https://community-static.tradeup.com/news/8393a5544fe4c819ce1b339f636f8b57\" tg-width=\"2277\" tg-height=\"941\"></body></html>","htmlText":"<html><head></head><body>INTC <a data-mention-id=\"INTC\" class=\"teditor-mention\" data-mention-name=\"Intel\" href=\"https://ttm.financial/S/INTC\">$Intel(INTC)$</a> closed last month well, breaking through the double bottom and gaining a foothold above. There was also a break-up on 1W after a six-month consolidation. It is not advisable to buy from the current price ones because of the distant stop-loss. But it is possible to take from the current 20%, so that in case of a breakthrough to the top, you do not regret the lost profit. The remaining 80% or distribute in the block. Or it is even better to look for entry points with short stops in this block on 1D -1W. The 3 main goals are indicated by green lines.$35 closing... Gaining GPU shares. and AI shares.Looks like INTC can't wait to have their qrtly earnings announcement. should be decent....<img src=\"https://community-static.tradeup.com/news/8393a5544fe4c819ce1b339f636f8b57\" tg-width=\"2277\" tg-height=\"941\"></body></html>","text":"INTC $Intel(INTC)$ closed last month well, breaking through the double bottom and gaining a foothold above. There was also a break-up on 1W after a six-month consolidation. It is not advisable to buy from the current price ones because of the distant stop-loss. But it is possible to take from the current 20%, so that in case of a breakthrough to the top, you do not regret the lost profit. The remaining 80% or distribute in the block. Or it is even better to look for entry points with short stops in this block on 1D -1W. The 3 main goals are indicated by green lines. $35 closing... Gaining GPU shares. and AI shares. 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