INTC
Inter Corp (INTC) price action favors the short sellers as EMA10-EMA20 still showing a deadly cross. A break below the $44.51 could expose price towards the $43.61 support. Next support is $42.36. It will only favors the bulls shall EMA10-EMA20 forms a golden cross. Upside resistance can be seen at $50.66 and $52.12. Both levels are based off 50% and 61.8% Fibonacci Retracement levels derived from $56.82 high and $44.51 low.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.