INTC (Intel Corp) has broken down below the uptrend line off the Aug 2015 lows, opening the door for a move down to at least the 33.50 support level, should the stock fail to regain & close back above that trendline soon. Still awaiting an impulsive break & close below this bearish rising wedge pattern [...]
IWM (Russell 2000 Small Cap Index tracking ETF) is currently back-testing the orange minor trendline (resistance) from below & appears to be headed to any or all of the support (S) and target (T) levels below. IWM daily March 13th
The following notes & chart outline the entry criterion, price targets & suggested stop for a swing trade in NIB (Cocoa ETN).