INTC Long Term Elliot Wave Analysis

2018年5月30日

Long term sell opportunity for INTC approaching as we near completion of ascending triangle pattern. Watch for break down follow elliot wave completion or break downward of triangle. Target is volume profile support.

Elliot wave cheatsheet: i.imgur.com/0seX1P3.png

2018年6月4日

註釋

Monitoring this ascending wedge we are looking for: a) hit elliot wave target or b) clear break down from triangle before entering short.

2018年6月7日

註釋

Trade stands- monitoring

2018年6月8日

交易進行

Entry @ 55.39

2018年6月18日

註釋

Nice move down today. Reviewed short position to consider closing it early but it still looks good

2018年6月27日

註釋

Trade looks really strong. Daily RSI dipping hard to 27. Mean reversion upward should occur before we get more downside, and will likely close the gap to 52.16. Early TP here (@ 48.76) in anticipation of sideways/mean reversion could be excellent exit. Going to hold position for now.

2018年7月2日

註釋

49.80 today could be another good early exit and great profit. Going to hold position for now.