intel at their lowest price since 2011
The green lines are support ladder of fundamental iconic levels
each support area is a potential buying area if you believe intel can make it out of the mud.
because this stock is not preforming well at the moment we cant know exactly where it will stop if it stops what if it get bought by a bigger company (such as nvidia?) intel is a big stock with big history so i refuse to believe it will disappear entirely.
Therefore this is a great buying oprotunity
the strategy to invest in this falling stock and minimise risk is to figure out how much you're willing to invest and on each point of the ladder you'd like to invest a portion of what you've decided to invest when you have more confluence with the trendlines you'd like to increase the portion each buying entry.
the trend lines are more likely to hold than the lines BUT fundamently these lines are good so they should be included.
in this sense of investing if the stock rise above you're in profit so you're happy if it loses you have another buy entry to make a decent avg of the lows, the increase in portions would also improve your avg and when the stock gets out of the mud you can see a decent profit.
each support area is a potential buying area if you believe intel can make it out of the mud.
because this stock is not preforming well at the moment we cant know exactly where it will stop if it stops what if it get bought by a bigger company (such as nvidia?) intel is a big stock with big history so i refuse to believe it will disappear entirely.
Therefore this is a great buying oprotunity
the strategy to invest in this falling stock and minimise risk is to figure out how much you're willing to invest and on each point of the ladder you'd like to invest a portion of what you've decided to invest when you have more confluence with the trendlines you'd like to increase the portion each buying entry.
the trend lines are more likely to hold than the lines BUT fundamently these lines are good so they should be included.
in this sense of investing if the stock rise above you're in profit so you're happy if it loses you have another buy entry to make a decent avg of the lows, the increase in portions would also improve your avg and when the stock gets out of the mud you can see a decent profit.
Comment
Bad news keep coming after intc
sold 22.5
bought 18.89
goodbye intc see you again at 14 usd sfp
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