Repeating Pattern

If intel (INTC) opens at the level shown (magenta arrow), it’s going to post a new daily high, above January 22nd high.

Doing that, would put INTC in ‘up-thrust‘ position (not advice not a recommendation).

Intel INTC, Daily

Today’s open will be Fibonacci 55-Days (-2) from the January 22nd high.

Stay Tuned

Charts by StockCharts

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The Danger Point®, trade mark: No. 6,505,279