21Dec
Intel Corp., Elliott Wave Technical Analysis 21 December 2022

Intel Corp., Elliott Wave Technical Analysis 21 December 2022
4 Hour
Intel Corp., INTC: 4-hour Chart, December 21 2022
Intel Corp., Elliott Wave Technical Analysis
INTC Stock Market Analysis: WE can see how it is accelerating to the downside as we are in wave iii of (iii) which confirms the overall count. Looking for a pullback in wave iv soon.
INTC Elliott Wave count: Wave iii of (iii).
INTC Technical Indicators: Below all averages.
INTC Trading Strategy: Looking for shorts into wave v on the pullback in iv. We could get wave iv trying to look for resistance on the 20EMA.

Daily
Intel Corp., Elliott Wave Technical Analysis
Intel Corp., (INTC:NASDAQ): Daily Chart, December 21 2022,
INTC Stock Market Analysis: Price has been moving as expected, almost a textbook scenario. We bounced off the parallel channel and we are now extending lower. Looking for wave {iii} to be broker as wave {iv} seems to be finished.
INTC Elliott Wave Count: Wave (iii) of {v}.
INTC Technical Indicators: Below all averages.
INTC Trading Strategy: Looking for shorts into wave (v).

About the Author
Related
Elliott Wave charts by Alessio Barretta 4 Hour - Looking for further downside into wave {v}, ideall...
Read More >
US Stocks: ADBE, IBKR, NIO, OKTA, SNAP, Elliott Wave Analysis shows you how these 5 key innovation s...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we can identify five waves down into ...
Read More >
Review of this weeks best charts: Baidu BIDU, CareDx, Docusign, Fate Therapeutics, Pinterest, Roku. ...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - We have a nice and clear five wave sequence within ...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - Moving as expected, it looks like wave B could be ...
Read More >
You need to login in order to comment