FX.co ★ Patterns #INTC | Intel Corporation Stock Price

The Bearish pennant pattern has formed on the #INTC M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 107.29, a trader will be able to successfully enter the sell position.

The Bearish pennant pattern has formed on the #INTC M30 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 108.16 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.

The Double Top reversal pattern has been formed on #INTC D1. Characteristics: the upper boundary 141.42; the lower boundary 118.51; the width of the pattern is 2381 points. Sell trades are better to be opened below the lower boundary 118.51 with a possible movements towards the 118.11 level.

The Bearish pennant pattern has formed on the #INTC M30 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 108.16 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.

The Bearish pennant pattern has formed on the #INTC M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 110.98, a trader will be able to successfully enter the sell position.

The Double Top reversal pattern has been formed on #INTC D1. Characteristics: the upper boundary 141.42; the lower boundary 118.51; the width of the pattern is 2381 points. Sell trades are better to be opened below the lower boundary 118.51 with a possible movements towards the 118.11 level.

On the chart of #INTC M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 127.29; the lower boundary 126.02; the width of the pattern 127 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 125.87 level.

The Double Top reversal pattern has been formed on #INTC D1. Characteristics: the upper boundary 141.42; the lower boundary 118.51; the width of the pattern is 2381 points. Sell trades are better to be opened below the lower boundary 118.51 with a possible movements towards the 118.11 level.

The Triple Bottom pattern has formed on the chart of #INTC M5. Features of the pattern: The lower line of the pattern has coordinates 130.40 with the upper limit 130.40/129.97, the projection of the width is 244 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 127.96, the price is most likely to continue the upward movement.

According to the chart of M5, #INTC formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 127.96 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -274 pips.