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Chart of the Day: INTC Bearish Engulfing Channel

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Manage episode 520479862 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Kevin Horner takes a look at the technical picture for Intel (INTC) pointing to its 20-day moving average as an important indicator to watch in the short-term. When examining the 1-year chart, he speaks about the bearish engulfing channel during Thursday's session as a bearish signal. Kevin points to $28.50 as a downside support if selling action continues into the weekend.

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8931 episodes

Artwork
iconShare
 
Manage episode 520479862 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Kevin Horner takes a look at the technical picture for Intel (INTC) pointing to its 20-day moving average as an important indicator to watch in the short-term. When examining the 1-year chart, he speaks about the bearish engulfing channel during Thursday's session as a bearish signal. Kevin points to $28.50 as a downside support if selling action continues into the weekend.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

Follow us on X – / schwabnetwork

Follow us on Facebook – / schwabnetwork

Follow us on LinkedIn - / schwab-network

About Schwab Network - https://schwabnetwork.com/about

  continue reading

8931 episodes

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