Trade 5 – November 8th 2019 – SHORT Intel (INTC) – Limit USD 57.75 USD – SL USD 60,25 USD

 

 

  • Double Top Formation ?

  • Overbought (RSI @ 75) like in April, July and September ( Red Lines ) .

  • If breakout –> Stop loss above USD 60 –> More upside potential.

  • Gap to be closed at USD 52 at “some”  point.