#INTC
The descendant wave structure is truncated. The historic level 42.00 formed in 2018 restrains sellers. Awesome Oscillator indicates bullish divergence.
Trading idea:
Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated structure.
Stop-loss is below the local minimum …
News of the day, Wednesday, May 18
Iran: sanctions over Russian crude export opened the market for Iranian oil.
Goldman Sachs has lowered the Chinese 2022 GDP prognosis from 4.5% to 4%.
Finland’s Rehn suggests ECB will increase the interest rate in the summer.
Billy Markus, a Dogecoin co-founder: 95% …
Gold failed to breach the resistance 1827.20, then returned to complete the descending path within the descending channel shown in the chart. And it reached the support level 1810.90 and is trying to breach it, and the target will be the level of 1780.00.
The moving averages formed resistance levels …
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