$INTC Short Opportunity: INTEL
The recent rise is a corrective rebound, not a trend reversal. In addition, the price is struggling to break through the resistance at 55.1 - 55.2. This suggests that a reversal is highly likely and that the broader downtrend will continue.
$INTC Short Strategy
· Short entry: 56.5 - 58.0 (wait for a rebound to the previous breakdown area)
· Stop loss: Above 60.0
· Take profit 1: 52.0
· Take profit 2: 50.5
· Take profit 3: 48.0
Support me by trading here👇$INTC
The recent rise is a corrective rebound, not a trend reversal. In addition, the price is struggling to break through the resistance at 55.1 - 55.2. This suggests that a reversal is highly likely and that the broader downtrend will continue.
$INTC Short Strategy
· Short entry: 56.5 - 58.0 (wait for a rebound to the previous breakdown area)
· Stop loss: Above 60.0
· Take profit 1: 52.0
· Take profit 2: 50.5
· Take profit 3: 48.0
Support me by trading here👇$INTC
