This morning's 10am scan yielded bullish price action spikes on both AMD and INTC. I like the level that Intel
INTC
is holding to for a swing trade. The first target will be a retest of this week's high.
In the longer term after a very long bearish trend the chip makers have begun to turn. It is somewhat "late" in the turn from October but there are now confirmed signs of a possible reversal. Daily chart:
INTC
is holding to for a swing trade. The first target will be a retest of this week's high. In the longer term after a very long bearish trend the chip makers have begun to turn. It is somewhat "late" in the turn from October but there are now confirmed signs of a possible reversal. Daily chart:
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Youtube: www.youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade