Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Reliance, INDIABULLS HOUSING, YES BANK, STATE BK OF INDIA, HDFC BANK, TATA STEEL LTD
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
NASDAQ:INTC weekly inverted hammer pattern form in intel corp. sell on rise !
Intel is not able to break the long term resistance..
This happens on big companies focus only on financials and not on products.
This one is making one more small correction before it heads last down action , its very high likely will bounce making an Double bottom and will move up back up side Position the size once it hits the double bottom pattern with Daily reversal as buy set up
Weekly looks bearish and on lower time frames we can see a clear triple top formation its a good opportunity for a short after resistance breakout MACD & RSI showing a big divergence on the tops making lower highs instead
-Big Rising wedge. -5 point bearish divergence on RSI. -4 point bearish divergence on Stochastic. -Stock at key resistance. Not an investment advice. Do your own due diligence.
INTC is a buy and we can observe multiple inverted head and shoulder patterns, though i have highlighted only the prominent one. T1: 38 T2: 40 T3: 45 SL: 33