hihiIntel Corp.(INTC:NASDAQ) Elliott Wave Technical Analysis November 22 2022
@TradingLounge:Intel Corp., Elliott Wave Technical Analysis Intel Corp., (INTC:NASDAQ): Daily Chart, November 22 2022, INTC Stock Market Analysis: It has been pulling back as expected from the last update. At thispoint there are reasons to believe the correction might have ended as we touched the parallel trendchanell. INTC Elliott Wave Count: Wave {iv} of 3. INTC Technical Indicators:Trying to cross the 20EMA. INTC Trading Strategy:Looking for confirmation as we could just be in wave (a) of {iv}.. TradingLounge Analyst: Alessio Barretta Source : Tradinglounge.com get trial here! Intel Corp., INTC: 4-hour Chart, November 22 2022 Intel Corp., Elliott Wave Technical Analysis INTC Stock Market Analysis: We could have already had wave i and ii of (i). We should thesupport around 26$ which may correspond to the end of the five waves down into wave (i). INTC Elliott Wave count: Wave (i) of {v}. INTC Technical Indicators: We have the averages crossing which is often time a sign of reversal. INTC Trading Strategy:Looking for short eve if we do not have confirmation yet. An aggressivetrade would be a short with a stop above red line at 31.3$.
Intel Corp.(INTC:NASDAQ) Elliott Wave Technical Analysis November 22 2022Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.