Trading ideas for Intel Corp. (NASDAQ) 15.01.2020

A bearish divergence was formed on Awesome Oscillator indicator, and Stochastic Oscillator indicator showed an exit from the overbought zone. Breaking through the price pivot zone of 58.60 will result in the formation of a descending 123 pattern.

Trading recommendations:

Sell below the price pivot zone of 58.60.

Stop loss – 61.00.

Target levels – 56.94; 55.60; 53.31.