This Week: INTC AnalysisSemiconductors took a hit after Intel slashed its earnings outlook for 2019 amid a slowdown in equipment spending by cloud computing companies and headwinds from China. Intel lost 8.99% on its announcement, gapping down to close at $52.43 and forming a spinning top after finding support at ~$52.
Intel
BULLISH INDICATORS! BUYERIC looks like it's ready to run!
On the daily chart, if the stock price can break above $8.90, it should hit $10 to $12
Every indicator on the daily chart is BULLISH
As for the Weekly Chart goes...
Every indicator on the Weekly is BULLISH
POSITION: 500,000 SHARES
COST: $8.50
INTC Potentially lowerINTC brings up a buying chance but I prefer to wait and get a better price. At the moment I'd like a short position and the target around 44 it looks ok.
Sidenote: "Top-notch entries are exclusive to members of Cream Live Trading"
Learn how to beat the market as Professional Trader with an ex-insider!
Have a Nice Trading Week!
Cream Live Trading, Best Regards!
Intel resistance INTC NVDA AMD
Advanced self-driving cars will need processors and GPU's, which means Intel and NVDA or AMD likely. Would you put another brand in with that risk?
Intel as at 618 Fib Retracement near 48.48, actual 48.53 right now and hitting resistance today. Expecting midterm election will drive this up to 500 or higher retrace soon.
4h, day and week are all showing same resistance. Playing that market going up with the big boys needing to put money to work.
RAISING POSITION TO 2,000,000 SHARES. UNWARRANTED SELL OFF!Folks, Fake News has Micron Bankrupt while other companies that depend on Micron products, Microsoft, Apple, Google, Amazon, Facebook, Twitter, Data Storage Services, in fact, the entire Technological Infrastructure depends on Memory and Storage to work so if Micron sales are forecast to sink by FAKE NEWS, the entire technology industry will crash with it including Cloud Computing services.
This is a case where if you have brains, you know the truth and you BUY!
Smart Money is buying Micron at these FIRE SALE prices while weak hands and manipulators are trying to push the stock down.
As it stands now, Micron is trading under 3x forward earnings, this by itself is OUTRAGEOUS Wall Street Corruption especially watching AMD triple in price on speculation.
We cannot watch the Corruption win, we are moving our position from 1,000,000 shares to 2,000,000 shares
Like we said in an earlier post, Corrupt Wall Street will make us BILLIONAIRES!
If you look at over 90% of our trades on this board, we haven't been wrong. We've made money on every trade we've closed.
A perfect example of Wall Street Corruption is the price of NVIDIA, with an E.P.S of only $6.65 - Trading over $200 a share
Even if Micron sales fall, they will still beat NVIDIA E.P.S.
The sick part of this story, Micron makes NVIDIA chips along with chips for Western Digital, IBM, Intel and many more companies.
We couldn't ask for a better Christmas Gift!
P.S. We also think, if the price of Micron stock stays down at these low levels, the company will we bought out!
With the cash flow Micron has, along with the positive / rock solid E.P.S, the company is a sitting duck for a BUYOUT at current levels.
INTC POTENTIAL COMPLETION FOR THIS WXYXZ CORRECTIONINTC seems going for a completion for this 5 waves correction. I'm looking for a low degree correction and one more wave down to complete the Z wave. Then we can look to the price action on the lower channel for a potential bounce to the upside. Bullish divergence on 4h chart.
Intel Buy IdeaIntel Buy Idea @ Monthly Demand Zone (36.64 - 33.27)
Buy Limit: 36.99
Stop Loss: 32.72
Take Profit: 50.34
Risk Management = 0.01/$100
Recommended Leverage not to exceed 1:50
Recommended Risk Ratio 1:1.5 – 1:3
Close partially the contract once it reaches 50% of profit, Move stop loss over the entry level
Close partially the contract once it reaches 80% of the profit
INTEL - Technical AnalysisDear Traders,
We are now having a look at Intel, which had a good retracement.
The price action is now trying to push above the 55 ema on the Weekly. Let's see if they manage to buy the resistance, if the bulls do, we might see a slight increase in volume, and also in price. Keep your eyes on this chart.
AMD will continue to rise as Intel Drops for the competition! Intel and AMD are both making industry moves to be the best in processing sales. AMD is in front as of right now but it has also been rumoured to have a AMD chip with Intel technology to help both companies grow together. This is yet not confirmed but it is defiantly an opportunity for the market. having both companies together but having AMD sel this product will grow AMD over Intel. Intel will also grow but Not as fast as to the news it will be a product of AMD not Intel. so keep your eye on AMD over Intel for technology stocks But at the same time watch for confirmation on the new processor created by both.
-Jon Matthews
AMD will continue its uptrend come ER!Yesterdays selloff was only weak hands getting out. Best time to buy the dip imo!
Bad news from Intels open letter for the Suppy shortage update, what it actually said:
"we cant seem to make our 10nm work in time, originally we had planned 10nm for 2015, but now we need more time to at least end of 2019! lol?
in the meantime we get back to 14nm to provide supply in hope of people sticking with us instead of our competitor AMD who can almost deliver 7nm!
pls sell amd and buy our stock. we are so desperate but full in money that we can easily spend $1BILLION into OLD 14nm tech chips that need at least 6+months time to be ready to ship!"
that open letter was a buch of garbage if you ask me. intel was only kicking them self with this one.
this only meand AMD will have further makret share growth in CPU and Servers for another 2 quarter.
weak hand and amatuer investors misinterpret the letter and sell AMD weak handed to pump in Intel that is gooing to suffer a lit next year.
dont be so dumb and make proper DD. AMD is the future, end of story!
Intel will evolve into a slowly sinking ship!
i am long AMD since the nice panic selloff provided a greewat dip buy, with a big amount of money (good 5 digit sum)!
INTEL still a short because their delay on 10nm productionINTEL still a short.... Intel’s biggest strategic problem is their delay on 10nm production – we don’t expect a 10nm server chip from Intel for two years. 10nm delays create a window for competitors, and the window may never again close.
Long AMD
Long TSM