INTC 20ema/200ema SHOWDOWN !!!
INTC will be a intresting one to watch! Incoming 20 ema / 200 ema showdown. The MACD , and RSI on the Daily are showing signs of exhaustion, however I trust the EMA's over those oscillators.
Take a second and look back at the average price increase after the 20ema crosses the 200 on this stock.
If you are a options trader this should be something to keep an eye on in the coming days / weeks.
A lot of potential either way for gains to be made!
INTC
I'm going to keep a Neutral opinion on this until the reaction from the EMA's. If I had to make a bet I think with the green volume shelf (volume not shown on chart) that is under this price level, we just might get a golden cross here. Keeping the RSI & MACD in mind at all times that this thing might be gassed out.
Take a second and look back at the average price increase after the 20ema crosses the 200 on this stock.
If you are a options trader this should be something to keep an eye on in the coming days / weeks.
A lot of potential either way for gains to be made!
INTC I'm going to keep a Neutral opinion on this until the reaction from the EMA's. If I had to make a bet I think with the green volume shelf (volume not shown on chart) that is under this price level, we just might get a golden cross here. Keeping the RSI & MACD in mind at all times that this thing might be gassed out.
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