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DLavrov

Trading Idea 005: Intel

Long
Intel Corporation (NASDAQ:INTC)  
DLavrov Updated   
NASDAQ:INTC   Intel Corporation
Trend Analysis Chart Patterns Technical Indicators
3
0
trendanalysis chartpattern indicator
Market Conditions:
- trend reversal
- bullish sentiment in the market

Key Level and Lines:
- $30.38 resistance

Trading Ideas:
- go long after a consolidation below the resistance
- a false breakout and bearish sentiment in the market = trade opportunity for shorting.
Comment:
Plan A failed. The price bounced from the resistance.

Plan B gave a short trade. The price reached the 1st profit target = 1:3 r/r ratio.
snapshot
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