Home About the company Daily reviews Trading ideas for Intel Corp. (NASDAQ) 06.05.2020

Trading ideas for Intel Corp. (NASDAQ) 06.05.2020

06.05.2020

Market Review

#INTC

On April 20th, we already recommended buying Intel stock CFDs at the breakout level of 48.80. The shares are now trading flat after the predicted growth, as can be seen now. The flat range’s lower border (56.70) is holding back sellers. A breakout of 59.27 will result in the formation of an ascending pattern 1-2-3. Stochastic Oscillator also showed an exit from the oversold zone.

Trading recommendations:

Buy above 59.27.

Stop loss: 56.70.

Target levels: 61.80; 67.60.

The #INTC rate online: monitor the movement of the shares in real time.

Author: admin
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