Intel is not doing good... It's in a strong bearish trend and last couple of attempts to break out of EMA 9 have failed.
Latest bear trend bar at EMA is a good signal to get into the trade hoping for the trend to continue (and weekly and monthly charts are not showing any signs of the bear trend stopping either).
Stop loss is good at 23.2, target is 21.6, entry is at 22.6. Risk/reward is 1:1.67
Latest bear trend bar at EMA is a good signal to get into the trade hoping for the trend to continue (and weekly and monthly charts are not showing any signs of the bear trend stopping either).
Stop loss is good at 23.2, target is 21.6, entry is at 22.6. Risk/reward is 1:1.67