INTEL INTC Short setup target 15.29Intel CorporationBATS:INTCrose_excellenceFibonacci technical analysis: Intel Corporation INTC has already found resistance at the Fib level 61.8% (23.07) of my Down Fib. The May 30th Daily candle has closed below retracement Fib level 23.6% (19.73), confirming a sell signal. A Bear Flag pattern has also formed. My Down Fib guides me to look for INTC to eventually go down to hit first target at Fib level -27.2% (15.29). INTC – Target 1 at -27.2% (15.29), Target 2 at -61.8% (12.26) and Target 3 at -78.6 (10.79) Stop loss slightly above the 50.0% retracement Fib level (22.04). Enjoy the trading process and take time to smell the roses🌹