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

The #INTC M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 50.37, the Neckline and the upward angle are at 47.42/47.82. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of #INTC will go towards 47.52.

The Bullish pennant graphic pattern has formed on the #INTC M15 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 47.69.

The Double Top reversal pattern has been formed on #INTC M5. Characteristics: the upper boundary 47.46; the lower boundary 46.35; the width of the pattern is 113 points. Sell trades are better to be opened below the lower boundary 46.35 with a possible movements towards the 46.20 level.

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 47.76.

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 43.91 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -90 pips.

The Bullish pennant pattern is formed on the #INTC M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 45.22, a further uptrend is possible.

The Bearish Flag pattern has been formed on the chart #INTC M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks below the low at 41.33, traders should enter the market.

The Bearish pennant pattern has formed on the #INTC M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 41.33 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 Bullish pennant graphic pattern has formed on the #INTC M15 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 45.07.

The Bullish pennant pattern is formed on the #INTC M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 42.33, a further uptrend is possible.