Intel chart showing AVWAP
Interesting to see how the price of INTC favors the AVWAP lines from earlier moves. I expect if the lower AVWAP from last week’s low around $105 holds, and moves up, it will move into one of the range bands and go no higher than last week’s high, if it can get past its AVWAP line. If it breaks down the next support will be around $102.5-103, which is based off the earnings day.
u/RoundUpTo100 — 4 days ago