Looking at 
INTC recently they were hit with the news of losing a patent and being fined 2.5bn. The news itself are bad to begin with but looking more in depth I see:
-Diamond top pattern forming on the daily, it looks just as good on the weekly.
-Buying volume has been decreasing while selling volume is increasing even while it was moving up
-MACD is in negative divergence in the daily
Going to be looking at one level at a time but for the measured move of the Diamond top is nearly 20% I doubt it can be reached since there could be any catalysts that could help bring the price up. TA is not exempt from news
OnceINTC breaks below $60 the downtrend can begin to hit the following TPs:
1)$58
2)$55.83
3)$53.9
4) for the movement to be fully completedINTC would reach near $49
-Focusing of course one level at a time analyzing price action and keeping an eye out for any news that could help keep its current valuationINTC
INTC recently they were hit with the news of losing a patent and being fined 2.5bn. The news itself are bad to begin with but looking more in depth I see:-Diamond top pattern forming on the daily, it looks just as good on the weekly.
-Buying volume has been decreasing while selling volume is increasing even while it was moving up
-MACD is in negative divergence in the daily
Going to be looking at one level at a time but for the measured move of the Diamond top is nearly 20% I doubt it can be reached since there could be any catalysts that could help bring the price up. TA is not exempt from news
Once
INTC breaks below $60 the downtrend can begin to hit the following TPs:1)$58
2)$55.83
3)$53.9
4) for the movement to be fully completed
INTC would reach near $49-Focusing of course one level at a time analyzing price action and keeping an eye out for any news that could help keep its current valuation
INTC
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Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.