INTC 1D Ascending Triangle with supply/demand zones
Since the massive selloff from their last ER, 
INTC has formed a strong zone of supply (seller dominance) in the 52.2-52.75 range. while maintaining the seller wall, the buyer demand has been steadily increasing, creating an ascending triangle pattern on the daily time frame. Looking for INTC to breakout +52.75 for bullish confirmation. watching a break below the support trend and first level of demand for bearish confirmation. 3rd touch off Rising support looks good for a bullish scalp.
INTC has formed a strong zone of supply (seller dominance) in the 52.2-52.75 range. while maintaining the seller wall, the buyer demand has been steadily increasing, creating an ascending triangle pattern on the daily time frame. Looking for INTC to breakout +52.75 for bullish confirmation. watching a break below the support trend and first level of demand for bearish confirmation. 3rd touch off Rising support looks good for a bullish scalp.
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