Breakdown of Semiconductors Simple view of this critical sector breaking through key technical trendlines.
Our first bearish sign was the break earlier in August, which held, and rallied back above the original broken trendline. That quickly stopped as momentum ran out, and it's now breaking through multiple trendlines with bulls at max long. This can potentially fall significantly given the overweight bullish positioning and the stretched overbought price.
INTC
Blow up soon Still keeping eye on this stock. You can take a look at the chart, lower trendline indicates that buyers are more aggressive than sellers. In a perfect world, you want it to break and close above $50 prior to entry. A longer expiration is recommended if you decided to enter. Good luck :)
INTC : Unpopular opinion, Intel only go up.Unpopular opinion : Intel only go up.
You are not going to short at a mega-monthly support ,are you ?
This is where those bald-headed suits ,hedge funds managers ,and bankers steal your money.
Don't believe what their low IQ analysts says in their un-watchable media .
Intel is here and will remain here for a while .
INTC increase in short positionsTypically preceding a large shift in price (in either direction, it seems), this signal has likely been breached again. One should, however, themselves calculate the correlation of this effect before employing this strategy (I may at a later date).
INTC - Crosses over lower Keltner channel Intel Corp ( NASDAQ:INTC ) was one of those stocks that recently dipped post earnings. Adding fuel to that fire, was a recent departure of one of their engineering executives and a securities class action lawsuit. At that time we posted an article called "Buy the Dip?" Where I was talking about how it would better to wait for price action to come back into the lower keltner channel before considering any long positions on INTC. However a few weeks have passed since the dip and now the stock has crossed into the lower keltner channel. Usually, when a stock goes through a big dip I have found that it will begin oscilatting between the Keltner channel bands sometimes extending into the bollinger bands. So. I would like to see if INTC goes up to the upper keltner or bollinger bands within the next week.
INTEL Trade Signal - 200 Week Moving Average - Dividends Intel is bouncing on the 200 week moving average, which was the March 2020 COVID bottom. Oversold earnings play with upcoming announcements in September this is a solid long term cash producing asset paying $.33 for every share you hold. This entry is likely to be unmatched with the upcoming patents filed by INTEL for Bitcoin Mining, Artificial Intelligence, and Autonomous Driving chip creation. This has an industry golden p/e ratio below 10. A great American company, unlike Its main rival AMD. We are below a big even of $50 which seems to be a steal for the 6-48 month outlook.
INTC (Intel)
Buy
Entry 48.90
Targets
49.90
55.90
65.90
75.90
Stop 46.00
INTC-Intel waiting for a long entryIntel is making a bearish wedge once broken it will be heading for its longtime support/buy zone. I will be waiting right there to go long. Technical analysis are a wonderful thing. It tells you where and when. This is just an opinion. Do your own homework before buying or selling any financial asset.
Good Time To Watch IntelIntel has a beautiful curve that has came up to the previous high on a monthly chart as is now playing a nice channel.
We are currently sitting on support for this channel and if broken support, then this is probably a double top and expect a correction.
Im only looking for a short channel support break. Otherwise I'll scrap and move along.
AMD, NVDA, INTC are all 3 at critical decision points
INTC , to Immediately Buy-while-still-Cheap? Is NASDAQ:INTC a great buy opportunity while still cheap ? Well let's find out .
After the drop from around the 70 to less than 48 , this stock is much cheaper than it used to be and at the same time I think that there is still a bullish sentiment in the sens that the price is still above the green line . This , being an insufficient condition to buy, one has still to wait for a clear confirmation , which is price breaking above the 51,5-53.5 area with bullish strength (When the signal is valid I would update the post) .
At that point there will be a much greater probability for the stock to break above the white line and recover from the drop .
Intel Corp OversoldThere are a couple of signals that is pointing towards a potential rebound from Intel
severely oversold
hammer seen last Friday
hammer also corresponds to an immediate support line seen at approximately $48.
We have got to watch the support line of $48 very closely. But if all goes well, we should be seeing a short term rebound potentially to $56 which is prior support turned resistance.
INTC - Nice green weekly candle coming?Hello Everyone! INTC has been pushed lower last week touching its 200 weekly moving average and out its lower Bollinger bands.
Despite the strong momentum for the semiconductor sector, price reached below 50 usd once again like happened last March.
In a five years chart you can spot 3 cases where price went all the way towards its lower Bollinger bands, touching its 200 moving average and reversed from there to a new uptrend : 2015, 2016, March 2020 and likely this time.
A nice green candle weekly will be the confirmation of a trend reversal, if history will repeat itself, we might spot it this week or the coming week.
Thanks for reading and....may the market be with us!