The situation in the long term with regard to the Intel Corp, showed a downward trend for the past 7 months. Specifically, some oscillators as the main storage and waste. low levels were reported to neutral and are moving towards oversold zone. Others such as Williams, for example, are already in oversold but still far from a real inversion (crossing with the moving average). E 'reasonable to assume, given the current graphic, retracement of the move still needs a few months before turning bullish signal for a long time. In my opinion the most plausible scenario is a repositioning from oversold levels of the oscillators with the index that this could go sideways / downward for a few months so as not to cause excessive trauma (read crashes) and can begin a new phase of accumulation. Happy Trading.
SPMIB Monthly
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