I’ve been watching this bullish candle for Intel for ages, but still haven’t dared to jump in. The $INTC contract is quoted at 63.62, up 10.66% in 24 hours and just a hair below the 24-hour high of 64.15. (OKX USDT perpetual contract price)
It climbed from 56.95 to here, gaining more than 10% in a day. It’s really fast—so fast that I’m starting to wonder if it’s already run its course. People without a position are probably all doing the same math right now: buying in now means entering near the high; waiting for a pullback means worrying it might never look back.
I’m inclined to wait and see how it behaves around 64.15: if it holds above that level, then we can talk about chasing; if it can’t hold, I’ll treat this as a spike. If it pulls back to around 56.95 and holds, my view will change.
Intel is up 10.66% in a day. Is there still a chance for those who missed the ride, or can we only watch this kind of rally from the sidelines?
$INTC
#美股 #Market Analysis
It climbed from 56.95 to here, gaining more than 10% in a day. It’s really fast—so fast that I’m starting to wonder if it’s already run its course. People without a position are probably all doing the same math right now: buying in now means entering near the high; waiting for a pullback means worrying it might never look back.
I’m inclined to wait and see how it behaves around 64.15: if it holds above that level, then we can talk about chasing; if it can’t hold, I’ll treat this as a spike. If it pulls back to around 56.95 and holds, my view will change.
Intel is up 10.66% in a day. Is there still a chance for those who missed the ride, or can we only watch this kind of rally from the sidelines?
$INTC
#美股 #Market Analysis