Home About the company Daily reviews Trading ideas for Intel Corp. (NASDAQ) 03.12.2019

Trading ideas for Intel Corp. (NASDAQ) 03.12.2019

03.12.2019

Market Review

The positive mood in the stock markets is fading. Investors believed that the issue of the US-China trade war is over, but recent events suggest otherwise.

Intel shares tested the April maximum in the range of 59 dollars. The support level of 57.38 holds back sellers. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator moving averages have left the overbought zone and are directed downwards.

Trading recommendations:

Sell Below 57.38.

A Stop Loss of 58.80.

Target levels: 55.60; 53.31.

Author: admin
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