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Intel Corp.(INTC:NASDAQ) Elliott Wave Technical Analysis October 28 2022
@TradingLounge：
Intel Corp., Elliott Wave Technical Analysis Intel Corp., (INTC:NASDAQ): Daily Chart, October 28 2022, INTC Stock Market Analysis:Pulling back as predicted in the last forecast. I would attribute ahigher probability to the scenario where we just finished wave (a) of {iv}. Alternatively we hadsome sort of a wave four on a lesser degree. INTC Elliott Wave count: Wave (a) of {iv}. INTC Technical Indicators:Rejecting the 20EMA. INTC Trading Strategy:Waiting confirmation before placing shorts. TradingLounge Analyst: Alessio Barretta Source Tradinglounge.com get trial here! Intel Corp., INTC: 4-hour Chart, October 28 2022 Intel Corp.,Elliott Wave Technical Analysis INTC Stock Market Analysis: Potentially wave (a) finished, we have equality of {ii} and {iv} at28.7$(orange line) as I expect to find some support as we approach the area of wave b of (a). INTC Elliott Wave count: Wave a of (b). INTC Technical Indicators: Below all EMAs FTNT Trading Strategy:Looking for support off the area of wave b to place short term longs intowave (c). This setup requires confirmation as it is a counter trend approach.
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