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

The Triple Top pattern has formed on the chart of the #INTC M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 37.30/37.41 with the upper limit 37.53/37.55; the projection of the width is 23 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 37.30, the price is most likely to continue the downward movement.

According to the chart of M5, #INTC formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 37.53, the lower border is 37.28. The signal means that a long position should be opened above the upper border 37.53 of the Bullish Rectangle.

The Triple Top pattern has formed on the chart of the #INTC M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -3, support level -30, and pattern’s width 52. Forecast If the price breaks through the support level 36.98, it is likely to move further down to 37.38.

The Bullish pennant signal – Trading instrument #INTC M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 37.50, with the prospect of the next move being a projection of the flagpole height.

The Double Bottom pattern has been formed on #INTC M15. 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 22.47 is broken. The further movements will rely on the width of the current pattern 12 points.

According to the chart of M5, #INTC formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 22.68, the lower border is 22.44. The signal means that a long position should be opened above the upper border 22.68 of the Bullish Rectangle.

The Double Top reversal pattern has been formed on #INTC M15. Characteristics: the upper boundary 22.67; the lower boundary 22.44; the width of the pattern is 24 points. Sell trades are better to be opened below the lower boundary 22.44 with a possible movements towards the 22.22 level.

The Bullish Flag pattern has been formed on the chart #INTC M5 which signals that the upward trend will continue. Signals: а break of the peak at 20.90 may push the price higher, and the rise will be the projection of the pole.

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 20.90, a further uptrend is possible.

The #INTC H1 formed the Head and Shoulders pattern with the following features: The Head’s top is at 22.43, the Neckline and the upward angle are at 20.28/20.38. 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 19.98.