Despite the horrendous September for the stock market, INTC is making new 2-month highs.
It is also tracing out a pattern that technicians love to see, it is called a Head & Shoulders pattern.
The interesting point is that this bottom follows on the heels of a H&S top pattern that completed this past summer.
Which one will win? The top pattern or the bottom pattern?
My sense is to go with the latest pattern and go with INTC long here. Buy here, buy down to $29 and buy any new highs after a pullback and target $34 to $35 in the next 1-3 months. Stop loss 27.
Tim
3:01PM EST 9/30/2015
It is also tracing out a pattern that technicians love to see, it is called a Head & Shoulders pattern.
The interesting point is that this bottom follows on the heels of a H&S top pattern that completed this past summer.
Which one will win? The top pattern or the bottom pattern?
My sense is to go with the latest pattern and go with INTC long here. Buy here, buy down to $29 and buy any new highs after a pullback and target $34 to $35 in the next 1-3 months. Stop loss 27.
Tim
3:01PM EST 9/30/2015
トレード終了: 利益確定目標に到達
Very nice move in very fast time.
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
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Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
関連の投稿
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。