INTC is in a major downtrend. A minor pullback into the range before sellers swamped in pushing price below the major support @ 46.17. Price trading below and not breaking above the S turned R, along with moving averages aligning to suggest sellers are dominant, I decided to open a sell trade with T/P placed around the lower low.
Trade stängt: Stopp nått:
Strong spike up pushing price higher. P/L: -1.17%