INTC - INTEL main buying zonesHello traders,
Description of the analysis:
INTEL the best buying zones for investment.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (4 000 000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
Intel
Bullish Cup & Handle formation on $AMDIt is very clear that AMD is going to be a few node sizes ahead of Intel for the next few years. On top of that, they will be dominating the console and commercial server market. AMD is highly undervalued here and wouldn't be surprised to see a full 100% extension of the cup by the end of this year.
Nividia Poised for ATH Test!Exhibiting signs of exhaustion, U.S. equities gave up nearly all their gains from the morning, closing today's session flat. The Dow Jones Industrial Average gained +0.56%, the S&P 500 +0.90% and the Nasdaq 100 led the way with +1.09%. Interestingly, a number of heavy hitters are roaming around resistance. One name of note is Apple which finally entered a region where I'd suspect sellers to begin coming in between 301-308. I'll touch upon Apple tomorrow morning. Today, we take a look at Nividia Corp. ahead of earnings May 21st.
All-Time High Bound?
With Nividia Corp. (NVDA) reporting their quarter one earnings on May 21st and yesterday's news that it acquired Cumulus Networks, a deeper look into the charts was deserved. Below is the 4-hour chart of NVDA.
NVDA has rallied 68% off the March lows and has been consolidating at its highs for just over two weeks, a bullish sign. Additionally, resistance at 300 has been tested a third time, as NVDA posts higher lows on declining volume, also bullish. Notice the ascending triangle taking shape. Although, known as a bullish continuation pattern, it is not confirmed until a breakout to the upside. With a breakout the projected target would would propel NVDA to all-time highs of 340 per share.
There is a lot of positive going for NVDA heading into earning's. That said, could NVDA be setting up as a sell the news candidate? The ascending triangle set up is poised to breakout prior too May 21st earnings. It is something to keep in mind if taking on the bullish trade. With fundamentals and technicals aligning heading into earnings, its hard not to be bullish NVDA. Bias: Bullish .
Flat Week Continues
Today was the second straight day U.S. indicies posted flat gains. It's really not a surprise. There is a log of uneasiness in the market and tomorrow may shed some light on that uneasiness. Tomorrow the ADP unemployment report is released and should offer some insight on Bureau of Labor Statistics unemployment rate announcement this Friday. Spoiler, the the report won't look great. Until then, have a great evening!
Updated on Intel Corp - Stand AsideMy previous information was that the financial outcome for this fist quarter was positive, but, it seems that Intel Corp. withdrew its full-year sales forecast, citing “significant economic uncertainty” caused by the Covid-19 pandemic. The company’s shares fell more than 5% in late trading.
Intel - Long term Bullish market as well as short termIntel Corp. is scheduled to release its first-quarter financial results after the markets close on Thursday. The outcome is expected to be positive with 2 or 3 billion more in revenue than the same period of last year.
This Idea is risky as it is against the odds of the current economic global situation
Technical Analysis - Rectangle pattern
"Intel: going up: by ThinkingAntsOk4H Chart Explanation:
- Price bounced on the Support Zone and broke the Ascending Trendline.
- After that, it is on a Bullish Corrective Structure.
- After the price breaks it, price will up towards the Resistance Zone.
Weekly Vision:
Daily Vision:
Updates coming soon!
INTC : overextended wave 5 possibleMajor support has been tested multiple times around $45. Should it fail, with Wave 3 being less than 1.618, wave 5 tends to overextend itself. Targeting a price point of $35 - $33 to look at building a long position to capture a relief bounce for Wave B of the ABC correction (5-3-5) I’m leaning towards.
Intel forms a cup do i hear a handle??Basic analysis of a promising cup and handle formation, firstly I believe tech stocks will hold this market up during this period of uncertainty, and Intel is a great example. With this bullish formation, after a small pullback to form the handle Intel is setup for a nice run. I might go long on this.
"Intel on a critical level' by ThikingAntsOk4H Chart Explanation:
- Price is on an Ascending Channel.
- It is on the Bottom of the Channel, close to the next Support Zone.
- From here, price may take two ways: 1) start an up move that should take it to the All Time Highs Level; 2) break down the Channel and go towards the Support Zones.
Weekly Vision:
Daily Vision:
Updates coming soon!
TESLA is a Company with essentially "ZERO" value.I see this argument often, and to anyone who see's this, I want to explain what I believe is the reason that so many people are Tesla Bulls.
The fundamental difference between an investor and an innovator is this:
- Innovators offer dreams that turn into ideas and use those ideas to provide solutions to real world problems.
- Most investors lack the ability to innovate; moreover, are motivated by greed if they cannot understand the dream.
- Investors support innovators by providing capital, thereby allowing them to execute their ideas by experimenting, designing, refining and finally providing a product to solve real world problems.
So, then the real value of Tesla is the "Dream" and not profits. People resonate with this far more than any amount of money, when you think of the power to change a nation, gain independence, land on the moon, obtain civil rights, or win a war.....it is the "Dream".
As Martin Luther King said - "I have a dream that one day every valley shall be exalted, and every hill and mountain shall be made low, the rough places will be made plain, and the crooked places will be made straight; "and the glory of the Lord shall be revealed and all flesh shall see it together."
Tesla is a result of a growing number of people who are tired of true capitalistic greed that halts progress. Its a push to a greener future, an acceleration of battery and energy storage technology, a push to renewable energy, a push to a more autonomous age, a push beyond the combustion engine that has not changed fundamentally in the last 100 years, and eventually a push to the stars.
And this is why you "Bears" are wrong about Tesla being "Overvalued", a "Bubble", and a company with "Zero" value. Because, these dreams have reached the people who will see it become a reality.
"Intel: potential up movement coming" by ThinkingAntsOkWeekly Chart Explanation:
- Price broke the Resistance Zone (All Time Highs Level).
- In lower timeframes, it is on a correction.
- We are sending signals this week to trade this instrument towards the Fibo Zones in case we consider the up move has started.
Updates coming soon!
AMD Invades Blockchain Gaming SpaceAMD Invades Blockchain Gaming Space
AMD, a Nasdaq-listed hardware manufacturer, has entered a blockchain gaming space. This happened after losing its big bet on cryptocurrency mining equipment business once.
In addition to that, AMD officially joined the Blockchain Game Alliance. This includes gaming giant Ubisoft and Ethereum development studio ConsenSys as its members. Together with the initiative, AMD wants to give industry partners high-performance computing technologies. This could possibly change the process of how they create, publish, purchase, and play games.
Also, the firm worked with blockchain-based gaming marketplaces Robot Cache and Ultra. Both will use AMD’s Ryzen processors and Radeon graphics cards for ‘optimal’ cryptographic computing performance.
AMD’s blockchain technology head Joerg Roskowetz stated, “Blockchain technology brings broader choice, security, and flexibility to both gamers and publishers.”
He also said that next-generation platforms would allow gamers into exclusive online content. Then, it would give new ways for them to own it truly.
Quarterly News
Previously, the hardware manufacturer once massively bet on the crypto mining equipment business. And this accounted for about 10% of its Q1 2018 revenue of $1.65 billion. Then, during the next two quarters, its revenue from it declined and vanished entirely in the fourth quarter of 2018. In the latest earnings call, Q3 2019, it did not mention anything about it too.
In the same quarter, AMD reported revenue of $1.80 billion. Moreover, the improvement in the computing and graphics segment fueled this.
CEO Lisa Su explained, “Our first quarter of 7nm Ryzen, Radeon, and EPYC processor sales drove our highest quarterly revenue since 2015, our highest quarterly gross margin since 2012, and a significant increase in net income year-over-year.”
And now, its attention is on blockchain gaming space. The AMD plans to let some new blockchain-powered applications, services, and use cases.
Preventing HK Migrant Workers Exploitation with Blockchain
Elsewhere in crypto news, blockchain financial services firm Diginex and the United Nations-led International Organization for Migration (IOM) together launched a blockchain tool. And this aims to avoid the exploitation of migrant workers in Hong Kong.
In a press release if Diginex on December 16, they made the tool for about 1,500 Hong Kong-based migrant domestic worker recruitment agencies and several associated agencies in worker-sending countries to use. Then, they named the system ‘International Recruitment Integrity System Self-Assessment for Ethical Recruitment (IRIS-SAFER).
Furthermore, they employed blockchain in the project to make sure that data records are safe and immutable. As a result, it had higher data integrity, transparency, and visibility. According to the announcement, Hong Kong is home to almost 390,000 migrant workers. Then, 98% of them are women. And recruitment agencies charged illegal fees to 56% of them.
China chief commission declared that using the IRIS-SAFER, agencies will learn the global ethical recruitment standards. After that, they could demonstrate their progress and prove their commitment.
Now, once the system rolls out in Hong Kong and other unidentified countries, the organizations aim to expand it in the whole world. As of press time, Diginex and IOM have not given any comment.
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INTC IslandsIslands form when 'prices gap up to the formation and then gap down at the same price level' this is what traders would call an island top, where the initial breakout is upward, forming the island seen, and then a drop back down to the water follows so to speak. With a 23/23 success rate in a bull market according to 'Encyclopedia of chart patterns' islands are a reliable way of picking possible reversal points.
INTEL - DAILY CHART Hi, today we are going to talk about Intel and its current landscape.
Intel is poised to receive increasing attention from the market as relevant events are taking place. The company has been able to beat analyst's estimates in previous quarters. The company managed to beat estimates, despite the effects of the ongoing trade war between China and the U.S over Intel results, that have been left investors apprehensive about its developments. Now that a perspective over a tariff truce looks more realistic, as negotiations seem to progress, Intel should receive another boost coming from this favorable geopolitical environment that is positive for the semiconductor space.
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INTC Cup and handle?Looks like a cup to me, whether the handle forms or not is another question. Waiting for a lower entry is the best bet if following this chart. The bull trend will continue very strongly after this development. Intel is creating some very powerful processors and investing in AI development, these fundamentals are promising for the future of the company.