INTC - Bullish Pennant

A bullish pennant appears to be near completion on the INTC (Intel) weekly chart.

Still coiling on declining volume but if/when we get a breakout above the 48.00 level on heavy volume, we could see 56.00 or even 57.00 in a relatively short period of time. Keeping an eye on this one.






Divergence Software, Inc.
www.sr-analyst.com
support@sr-analyst.com
Contact Us/Subscribe
at
Tags: , ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Latest Post

Candle Pattern Builder/Profiler (CPBP) for TradingView

Candlestick/bar patterns have been around for a long time and are still very popular today. But not all patterns are created equal, and dete...

Most Popular

  • EUR - Cup & Handle
    Looks like a small Cup & Handle pattern nearing completion on EUR (Euro) weekly chart. A breakout above the 1.2092 level on volume sho...
  • DIS - Long term Right Triangle
    DIS (Walt Disney) alerted on the weekly chart for trendline proxmity, but looks more interesting on the monthly. Looks like a right-tria...
  • Harmonic Pattern Collection Lifetime Package
    If you are currently a Harmonic Pattern Collection monthly subscriber, consider upgrading to outright purchase of the Harmonic Pat...