INTC Swing Complete.I wanted to test out some simple no-BS indicators on a swing trade. I ended up using the MACD cross and Overbought/Oversold indicators. I'd say it was pretty successful. The I had a support/resistance line (yellow) and would have been better off selling when it crept near that $24 area. That being said, it's important to read candles and formations for reversals etc. Using purely the indicators I'd say the trade was successful. I didn't have a bunch of money invested (for obvious reasons), but I still gained something like 8.4% of my original investment. So not bad. Hope this helps someone. NOTE: I plan to re-enter a position once a buy signal is posted. I think Intel is due for some more upside soon.
Not trading advice.
