Intel 
INTC is quite possibly poised for a breakout, as we look at a triangle formation here on the 3W chart, roughly ten months in the making, beside consolidating momentum. Longer term timeframes are good for determining the main trend in a stock's price.
On the short term 4H timeframe, better suited for trade entry and exit signals, an inverted head & shoulders pattern has formed both in price and momentum.
Fundamentally, Intel shares are arguably cheap, with a discount to Net Asset Value that began in 3Q 2024. A stock trading at a discount to net asset value is selling for less than the per‐share value of its assets minus liabilities.
INTC is quite possibly poised for a breakout, as we look at a triangle formation here on the 3W chart, roughly ten months in the making, beside consolidating momentum. Longer term timeframes are good for determining the main trend in a stock's price.On the short term 4H timeframe, better suited for trade entry and exit signals, an inverted head & shoulders pattern has formed both in price and momentum.
Fundamentally, Intel shares are arguably cheap, with a discount to Net Asset Value that began in 3Q 2024. A stock trading at a discount to net asset value is selling for less than the per‐share value of its assets minus liabilities.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.