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

According to the chart of M5, #INTC formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 30.01 – 30.01 and upper border 30.22 – 30.22. In case the lower border is broken, the instrument is likely to follow the downward trend.

The Double Bottom pattern has been formed on #INTC M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 30.61 is broken. The further movements will rely on the width of the current pattern 19 points.

The Double Bottom pattern has been formed on #INTC M5; the upper boundary is 32.04; the lower boundary is 31.67. The width of the pattern is 36 points. In case of a break of the upper boundary 32.04, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.

According to the chart of M15, #INTC formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 31.67 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -38 pips.

According to the chart of M5, #INTC formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 32.10, the lower border is 31.95. The signal means that a short position should be opened after fixing a price below the lower border 31.95 of the Bearish Rectangle.

The Bullish pennant graphic pattern has formed on the #INTC M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 31.90.

The Bullish pennant pattern is formed on the #INTC M15 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 31.79, a further uptrend is possible.

The Bullish pennant graphic pattern has formed on the #INTC M30 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 31.24.

The Bullish pennant pattern is formed on the #INTC M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 30.94, a further uptrend is possible.

The Triple Bottom pattern has formed on the chart of #INTC H1. Features of the pattern: The lower line of the pattern has coordinates 31.43 with the upper limit 31.43/30.44, the projection of the width is 140 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 30.03, the price is most likely to continue the upward movement.