INTC
INTC: Great correction to buy more or enter for the first timeINTC gave us a nice correction after the earnings report, sending it close to support at 34.90 and also landing on the lower deviation of a linear regression channel that I started from 2016's low, and anchored the other end to the highest high on October 10th. The new Key Earnings Level should act as a magnet propelling prices back up to 36.50 quickly. Once we break above it, and start moving up again, price will resume the long term uptrend.
Check related ideas for more information regarding the trend duration, targets and more.
Good luck!
Ivan Labrie.
NDX: Nasdaq 100, upside is more likelyWe can go long on a break of the all time high here, risking a drop to 4853.8, and targetting 5050.2 by or before November 25th.
Upside is more likely, as the title says, but, in case of a breakdown, pay attention to VIX and the key levels below for a long from support.
I'll update the publication after NFP is out.
Good luck,
Ivan Labrie.
I Plan To Short Sell 5,000 Shares Of Intel Corporation At This PI am extremely bearish on the semiconductor sector. In particular, Intel Corporation (NASDAQ:INTC) for the reasons listed below. I am looking to short 5,000 shares of the stock at a price of $37.20 or higher. I am looking for a quick drop of $2+ for a $10,000 profit in a week or two. Any sector that rises over 50% in a year without a pull back, is a likely candidate. This is what has happened to the semiconductor index $SMH. Intel Corp in particular has hit a double top from 2014 which is why I am focusing on this as a big short. When an index is beyond extended and one of its biggest components has a double top, the short is a high reward and low risk trade.
INTC: Long term holdWe're long INTC, and in good profit. If not in you could risk an entry here with stops under 35.89 for the long term.
A more conservative plan is allocating 2% of your portfolio to it, with no stops.
Upside is tremendous, so hold it!
Good luck,
Ivan Labrie.
NAS100: Daily viewI'm long once again, risk is a drop to 4735 here. We need to see a push above 4906 today to validate bullish momentum, else, we might see a selloff if support doesn't hold. My speculative plan is to go short $SPX if it fails to validate the bullish momentum, and simply close longs in this instrument (and study wether I want to close my equity positions or not, or simply buy protective puts or short calls to weather a decline).
The $AAPL drop after the battery news is what sent this instrument down, but it's still holding above the uptrend mode, so it has a chance to rally, but it needs to do it fast.
Good luck,
Ivan Labrie.
Waiting for ZEN CPU release.Overpriced at the moment however..
No short zone, until Q1 2017 at least.
As usual, buy the rumor and sell the news. Expecting AMD price to start correcting a little the moment ZEN CPUs are out in Q1 2017+, for short term shorting then long term buys.
Intel begins to rise?Signals:
multibottoms
pennant
breakout of inclined resistance
Buy 35.30 (breakout of top pennant's line)
Stop loss 33.85 (-1 tic pennant's low)
Target 40.00 (sizing)
R\R ratio 1:3
Patience has been rewarded. This is my follow up on the possible INTC short from 34.51 to the targets shown and potential dates (not set in stone, banking partial profits is always good!
What prompted me to follow up is the current price action is now currently below the pivot point of 34.82. After the entry into the market at 34.51 a sweet pin bar on 7/27 at 13:30 ensured our stop is safe for now.
After a breakdown through 34.51 I will be moving my stop to just above the pin bar high or the resistance level given at 35.15.
INTC for the move down?INTC weekly broadening formation into resistance & keltner upper extreme.
Looking for a move back to POC in 32s, potentially lower into support plotted below.
Intel: Good point to sell with target 33In may opinion the consolidation stage is near to complete. The target of correction can be 33.
Skylake DelaysAnother retest - pullback. I will be watching closely until the end of this week. I am still anticipating a new bear trend.
INTC - Bearish breakdown has started.Friday's price action formed a bearish harami and this morning the price action has momentum forming a potential evening star pattern. Today's price action will need to close below 35 and preferably below 34.95. A close below 7/12/2016 low of 34.48 is our trigger to sell at 34.51 or maybe the last chance to get aboard this pullback to maximize profit.
A sell this morning upon failure of maintaining the open price of 35.18 would be understandable for a aggressive position or for the long position trader looking for a pullback and banking profits.
Enjoy and Good Luck,
PP-Guy
SHORT- Is Skylake coming to market? Demo'd 9/10/2014, late 2015?As my tag PP_Guy states my trading style. I respect and follow price action, pivot points, fib and the square of nine.
The published statistics show a decline of memory products due to demand for some time, demand for these products is weakening. Then we all want to know when this false rally of hope and dreams will correct. I am leaning towards the next corrective phases to be more volatile and price drops even faster due to current market sentiment on high alert.
All input whether bear or bull is accepted as I have been wrong before and will be wrong again, that's trading! I have noted my targets and one can calculate the risk to reward ratios accordingly.
MU: Micron offering a long term long opportunityI like the extended base that formed here, before confirming a weekly uptrend signal, according to 'Time at Mode'.
For those not familiar with the technique, it allows you to read the order flow, track the accumulation and distribution, as well as understand and time the trends present on chart, to get optimal trade entries in any market.
If you combine this powerful methodology, with fundamental analysis, market sentiment tracking, and reaction to news events, you can time entries with great precision.
MU is offering a great weekly long trade here, potential is considerable for this stock, and I'm looking to capture the emerging uptrend I anticipate will take place from here onwards.
Enter longs at market open, if we get a dip towards 10.50 or near that level, add to the position. Risk a drop to $10, for upside well over $14.30.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers,
Ivan Labrie.
Intel forecastThe long zone starts at the 32.00 level. The potential targets can be the larger offer levels of Institutional Holders. These are the 33.71 and the 34.90 levels.
INTC: Great opportunity for longsIn this post I'd like to share a trade that we have taken with my signals group.
This is a long term trade, aiming to capture a 25 to 42% upside that is pending for INTC in the long run, derived from my technical analysis of the charts, as well as fundamental valuation of the stock.
Trading at a 14 p/e ratio, at 2.75 price to sales ratio, with a 3% yield, and right on a very strong support, while the stock market sentiment reached a bearish extreme, this was a no brainer buy.
Intel has held its own very well in this enviroment, and it's part of our long stocks portfolio among other large cap names.
Feel free to check out Tim West's 'Key Hidden Levels' chatroom, I'm using his earnings support indicator in this chart, a key part of our strategy.
For more details on trading signals and coaching, feel free to contact me.
Cheers,
Ivan Labrie.
Intel in Flat correction. Intel is in a flat correction. Correction is bound by parallel lines. Break below dotted line will bring short opportunity. Break above top trend line will open a new possible 5 wave count to the upside.
$INTCBest bet for tomorrow!!! Another great long find. Pull back to the upper trend line after break out.
Earnings announcement* for INTC: Oct 13, 2015INTC Earnings Date
Earnings announcement* for INTC: Oct 13, 2015
Intel Corporation is expected* to report earnings on 10/13/2015 after market close. The report will be for the fiscal Quarter ending Sep 2015. According to Zacks Investment Research, based on 19 analysts' forecasts, the consensus EPS forecast for the quarter is $0.59. The reported EPS for the same quarter last year was $0.66.
Highlights from the analysis:
1) INTC's debt-to-equity ratio is very low at 0.23 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.31, which illustrates the ability to avoid short-term cash problems.
2) The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Semiconductors & Semiconductor Equipment industry and the overall market on the basis of return on equity, INTEL CORP has underperformed in comparison with the industry average, but has exceeded that of the S&P 500.
3) Regardless of the drop in revenue, the company managed to outperform against the industry average of 11.7%. Since the same quarter one year prior, revenues slightly dropped by 4.6%. Weakness in the company's revenue seems to not be hurting the bottom line, shown by stable earnings per share.
4) The gross profit margin for INTEL CORP is currently very high, coming in at 78.60%. Regardless of INTC's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of 20.50% trails the industry average.
