SullivanRrr
06-15 06:09

To completely avoid getting stuck in losing positions and cutting monster winners too early, you can master this macro framework.

Zoom out entirely to the weekly and monthly timeframes.

Look for explosive breakouts from multi-year consolidation bases.

Ride the trend with conviction as long as the weekly 9EMA holds.

$Intel(INTC)$  executed this playbook perfectly, breaking a 4-year primary downtrend line at $40 before registering a massive +225% impulsive expansion.

Over the past two months, price pulled back to shake out weak hands, executing its first healthy technical retest of the rising weekly 9EMA.

After printing a textbook bear trap, the tape officially triggered a high-volume breakout from a structural bull flag last week.

Intel's underlying technical momentum is primed to extend much higher than the broader market is currently prepared to accept.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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