years on the market

Trading Idea for Intel Corp. (NASDAQ)

#INTC

The overall trend is upward. The descending wave pattern is truncated. Awesome Oscillator shows bullish divergence, while Stochastic Oscillator indicator signals oversold conditions. Breaking through the price pivot zone of 56.14 will result in the formation of an ascending wave pattern within the overall uptrend.

Trading idea:

Buy at the breakout of 56.14.

Stop Loss at the local minimum (53.26).

Target levels: 63.84; 68.36.

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