Bullish on INTC
Updated
(This is not financial advice)
Hey everyone the market is very weird right now in that you can get a sense that nobody really knows what they want or how they feel. But there are still stocks that we can be confident in and in this case I feel that it is a facts over feelings situation. that we need to keep in mind.
Intel has a few bullish signals over the next few weeks and days. Intel is a big chip supplier and supporter for Apple which is releasing multiple new products on April 20th which should be great for the stock. This combined with the conference that Intel is having about new chips and AI technology should be great for the company and stock. Intel is also reporting earnings this week which should be bullish news as well.
The TA for this stock is also a good look. It has been on a good uptrend for multiple days and after bouncing off this support we are looking for a 10% gain. We are also looking for a buy signal on the MACD which would confirm this breakout.
Overall I am bullish on this stock over this coming week and if you agree with me or have other opinions on the stock let me know in the comments. Be sure to leave a like and follow if you like my ideas.
Thank you!
- Vlaire
Hey everyone the market is very weird right now in that you can get a sense that nobody really knows what they want or how they feel. But there are still stocks that we can be confident in and in this case I feel that it is a facts over feelings situation. that we need to keep in mind.
Intel has a few bullish signals over the next few weeks and days. Intel is a big chip supplier and supporter for Apple which is releasing multiple new products on April 20th which should be great for the stock. This combined with the conference that Intel is having about new chips and AI technology should be great for the company and stock. Intel is also reporting earnings this week which should be bullish news as well.
The TA for this stock is also a good look. It has been on a good uptrend for multiple days and after bouncing off this support we are looking for a 10% gain. We are also looking for a buy signal on the MACD which would confirm this breakout.
Overall I am bullish on this stock over this coming week and if you agree with me or have other opinions on the stock let me know in the comments. Be sure to leave a like and follow if you like my ideas.
Thank you!
- Vlaire
Note
My bad, misread an article and Apple does not use Intel chips anymore. This doesn't change my opinion on the stock or the fact that I am bullish but it is something to keep in mind.
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.