Outlook:
- INTC to form a falling wedge => bullish scenario
- MACD: positive crossover can happen
- RSI flirting oversold
Trade plan: As long as price moves within the falling wedge, just patiently wait for breakout
Target: middle of falling GAP
Stop Loss: below lower line of the wedge
- INTC to form a falling wedge => bullish scenario
- MACD: positive crossover can happen
- RSI flirting oversold
Trade plan: As long as price moves within the falling wedge, just patiently wait for breakout
Target: middle of falling GAP
Stop Loss: below lower line of the wedge