Three white soldiers of Intel

21 March 2022 118
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Intel shares, as well as the IT sector of the stock market as a whole, have turned to rapid growth. Probably, after the Fed meeting, the "bears" decided to take profits allowing the “bulls” to seize the initiative at least for a while.

The "three white soldiers" pattern was formed on the chart indicating a reversal of the downtrend. Levels 49 and 50 can be designated as growth targets.

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