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

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 48.97.

The Double Top reversal pattern has been formed on #INTC M15. Characteristics: the upper boundary 49.22; the lower boundary 48.25; the width of the pattern is 102 points. Sell trades are better to be opened below the lower boundary 48.25 with a possible movements towards the 48.03 level.

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 -20, support level -91, and pattern’s width 127. Forecast If the price breaks through the support level 47.51, it is likely to move further down to 49.07.

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 49.17.

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 48.78, with the prospect of the next move being a projection of the flagpole height.

According to the chart of M5, #INTC formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 43.62/43.94 whereas the upper border goes across 44.22/43.94. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of #INTC will breach the upper border to head for 44.09.

The Triple Bottom pattern has been formed on #INTC M5. It has the following characteristics: resistance level 43.14/42.87; support level 42.31/42.58; the width is 83 points. In the event of a breakdown of the resistance level of 43.14, the price is likely to continue an upward movement at least to 42.54.

The Double Bottom pattern has been formed on #INTC M15; the upper boundary is 43.14; the lower boundary is 42.39. The width of the pattern is 83 points. In case of a break of the upper boundary 43.14, 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.

The Bearish pennant pattern has formed on the #INTC M30 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 42.31, a trader will be able to successfully enter the sell position.

The Bearish pennant pattern has formed on the #INTC M15 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 42.24, a trader will be able to successfully enter the sell position.