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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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ajtj99
skier31
The Ox
towerdog
To: skier31 who wrote (82972)12/1/2023 12:31:29 PM
From: Sun Tzu4 Recommendations  Read Replies (1) of 96676
 
Somewhere around 39 is your first INTC pitstop. On the daily chart below, the red stairwell tells you where the downward path is.



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The reason we are pulling back here is evident on the weekly chart. The weekly chart is also why you need to be cautious b/c you may expect stairs but hit an elevator shaft. I would check the cycle and fundamentals if it hits 37.

These just rough sketches. You will know better as it closes on those targets.

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