Trade Ideas- ORB and INTC and top pick - JDAS
Intel shares are testing the previous resistance of the rising trendline, watch for a potential breakdown of this support below 25$.
Chart courtesy of stockcharts
Chart courtesy of stockcharts
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
That's all. Enjoy your evening !!!
AC
Chart courtesy of stockchartsShares of ORBITAL SCIENCES rallied to all-time highs today after said quarterly profit rose 40 percent, helped by robust revenue and operating profit growth in its satellite and space systems segment. Impressive acceleration of the uptrend in the last days. Difficult to enter long position at these levels, I think !! Risk has to be strictly controlled with volatility so high.
Chart courtesy of stockchartsJDAS - Potential to the upside, keep an eye tomorrow for a possible breakout over 20.28$.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
That's all. Enjoy your evening !!!
AC
