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Trading idea for Intel Corp. (NASDAQ)


#INTC

The descendant wave structure is truncated. The historic level 42.00 formed in 2018 restrains sellers. Awesome Oscillator indicates bullish divergence.

Trading idea:

Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated structure.

Stop-loss is below the local minimum …

GBP/USD currency pair analysis


The pound sterling dollar pair rose during yesterday's session and the beginning of today's trading, and managed to break the resistance level of 1.2340, and reached the next target at the level of 1.2490.

The moving averages support the bullish movement, but we notice that the price moved away from …

Are oil sanctions about to be canceled?


News of the day, Wednesday, May 18

Iran: sanctions over Russian crude export opened the market for Iranian oil.

Goldman Sachs has lowered the Chinese 2022 GDP prognosis from 4.5% to 4%.

Finland’s Rehn suggests ECB will increase the interest rate in the summer.

Billy Markus, a Dogecoin co-founder: 95% …

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