CNY Analysis - INTC!


Price action (10 Feb 2024)

- Cup formed in Dec 

- Handle well formed with good support at current levels 41/42

- 43 to 52 has some fair amount of resistance

- Cup and Handle target is up at 68


Bullish

- Handle breakout of 48 and then 52

- Patience as MA5 yellow basing now and should cross MA20 around 44/45 if bullish


Bearish 

- If not, then nibble down to 38 where the next bottom is found


My plays

- Had been nibbling into shares in small amounts around 41

- Will continue to nibble all the way down to 38


Good luck,all!

INTC Daily - 10 Feb 2024

@melson  @TigerStars  @macroB  @CaptainTiger  @Deposit  

$Intel(INTC)$  

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Comment6

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  • macroB
    ·02-10
    TOP
    looking ready to launch!
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    • Asphen
      lift off! 😉
      02-10
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  • Deposit
    ·02-12
    v good counter!
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    • Asphen
      indeed!
      02-12
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  • melson
    ·02-10
    [Happy]🧧
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    • Asphen
      😀
      02-10
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