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Columns Is Intel in Trouble?
$Intel(INTC.US$
Big Red Week for Intel
Intel experienced a sharp selloff last week after reporting billions in losses from its foundry business. Apparently, investors didn't like the headlines.
Head-and-Shoulders Pattern?
The selling corresponds with the price breaking down below the neck line of a head-and-shoulders pattern as well as a long-term Fib level. There was high volume associated with the selling. This adds validity to the bearishness. Bearish candlestick pattern...
Big Red Week for Intel
Intel experienced a sharp selloff last week after reporting billions in losses from its foundry business. Apparently, investors didn't like the headlines.
Head-and-Shoulders Pattern?
The selling corresponds with the price breaking down below the neck line of a head-and-shoulders pattern as well as a long-term Fib level. There was high volume associated with the selling. This adds validity to the bearishness. Bearish candlestick pattern...
![Is Intel in Trouble?](https://ussnsimg.moomoo.com/sns_client_feed/70107943/20240407/1712475231464-random8142-70107943-android-org.jpeg/thumb?area=100&is_public=true)
![Is Intel in Trouble?](https://ussnsimg.moomoo.com/sns_client_feed/70107943/20240407/1712477411197-random5327-70107943-android-org.jpeg/thumb?area=100&is_public=true)
![Is Intel in Trouble?](https://ussnsimg.moomoo.com/sns_client_feed/70107943/20240407/1712475812812-random7165-70107943-android-org.jpeg/thumb?area=100&is_public=true)
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