INTC, Great technical signs to support a breakout soon.
Hi , hope everyone is having a good weekend . I am going to make this one 100% technical based . Short and sweet .
We have 3 bullish failure swings on the RSI that are marked with the horizontal blue lines along with the green arrows that show the respective buy points. Furthermore the rate of incline, in degrees, on the RSI is significantly greater than that of the stocks price . Finally the stock has been on a nice steady incline and is holding it's support well . Probability of a breakout is looking good .
Good luck on your trades.
Ps: Failure swings are a great way to identify an upcoming trend , highly suggest giving the term a bit of research it will help you to identify upcoming changes in price and trend and help you increase your probability of success .
We have 3 bullish failure swings on the RSI that are marked with the horizontal blue lines along with the green arrows that show the respective buy points. Furthermore the rate of incline, in degrees, on the RSI is significantly greater than that of the stocks price . Finally the stock has been on a nice steady incline and is holding it's support well . Probability of a breakout is looking good .
Good luck on your trades.
Ps: Failure swings are a great way to identify an upcoming trend , highly suggest giving the term a bit of research it will help you to identify upcoming changes in price and trend and help you increase your probability of success .
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