- 5 wave structure has been completed
- A sharp drop temporarily stopped right at the Fibo retrace 50%.
- INTC to retest that 50% level again next week before looking for direction to go.
Trade plan: Wait to retest 51.52 on Mon, Tue. Downside continuation will be more likely if that level breaks again.
If 51.52 held, a bounce toward the middle of the gap @55.50 is anticipated.
HIT THE FOLLOW BUTTON TO GET MORE FOR THE FUTURE ANALYSIS. THANK YOU FOR SUPPORTING ME.
- A sharp drop temporarily stopped right at the Fibo retrace 50%.
- INTC to retest that 50% level again next week before looking for direction to go.
Trade plan: Wait to retest 51.52 on Mon, Tue. Downside continuation will be more likely if that level breaks again.
If 51.52 held, a bounce toward the middle of the gap @55.50 is anticipated.
HIT THE FOLLOW BUTTON TO GET MORE FOR THE FUTURE ANALYSIS. THANK YOU FOR SUPPORTING ME.