Intel Corp.(INTC:NASDAQ) Elliott Wave Technical Analysis October 28 2022

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

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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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  • Blessedme
    ·2022-10-29
    iintel will be bullish
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  • Andie8392
    ·2022-11-03
    thanks for sharing .. good post
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  • jethro
    ·2022-10-31
    thanks for the share
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  • Cash88
    ·2022-11-02
    ok
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  • 56CcLim
    ·2022-11-02
    Ok
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  • Adewoon
    ·2022-10-31
    Thanks
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  • NgKenny
    ·2022-10-31
    Nice
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  • JayH
    ·2022-10-30
    Great insight
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  • eo1668
    ·2022-10-30
    bullish
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  • Eynnie
    ·2022-10-30
    👍
    Reply
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  • Joyvb
    ·2022-10-29
    ok
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  • Keith Yeow
    ·2022-10-29
    Great
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  • Tailwind
    ·2022-10-29
    👌
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  • RPGold
    ·2022-10-29
    ok
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  • Ed_G
    ·2022-10-29
    Ok
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  • Limcc
    ·2022-10-29
    👍
    Reply
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    • Tailwind
      👌
      2022-10-29
      Reply
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  • Kabanotolog
    ·2022-10-29
    в бешеный рост
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  • 6b40a10
    ·2022-10-28
    ok
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  • 大赢钱家
    ·2022-10-28
    不错
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  • Nkx
    ·2022-10-28
    Ok
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