Intel
INTEL SHORT/LONG - SYMMETRICAL TRIANGLE/ BEYOND TECH ANALYSISThe symmetrical triangle has resulted in a bearish breakout (over a month so most likely true).
the trend is downwards due to the breakout so shorting it would also be a good idea, especially if it makes the first price check.
This is a short-term trade and will have to be monitored. At this point after looking at the trend; I personally, with my limited experience, recommend shorting it though it may be beneficial to wait to see if it hits the price check and to see by how far it hits it.
At the same time, do note that Intel just confirmed GPU's and hence the stock may start rising; my diagram is one zoomed out so please do be careful on whether the gpu announcement will change anything!!
*Please give me feedback, this is my first time setting a price check so take my words with a grain of salt
INTEL STOCKS LONG HOLD 2-3 YEARS! POTENTIAL FOR LONG TERM PROFITWhile the ADX is quite high, the PVT is however below zero so this might not be the best to invest in..... especially since it seems to now be descending.
However, I'm here to tell you it might be a smart idea to invest as Intel has just confirmed that they are entering the GPU market by 2020 and hence preventing NVIDIA from becoming a pseudo-monopoly.
Intel's stocks will most likely skyrocket and investing during this downtrend may be very profitable in the next 2-3 years; especially as gaming is getting bigger and so is crypto mining, both of which require gpu's.
A lot of investors are probably waiting for more information so it might be beneficial to invest now!
Cup and Handle formation completeiExec formation is looking pretty nice here
Fundamental Analysis:
Intel collaboration on privacy-preserving offchain computing.
Ubisoft collaboration.
Less than 5 days until the launch of iExec V2.
Technical Analysis:
Cup and Handle formation almost complete.
Await breakout of handle formation.
Target - 4000sats
STOP LOSS: 2007Sats
INTEL (INTC) soon will go longINTC has formed a PBT&CA yesterday.
This means that could have found a support level that could be a good entry point.
Stock strenght is above 60.
I'll keep this stock in my watch list and enter when slowstochastic is going above 20 or check on lower timeframes if there is a entry signal.
Disclaimer:
This is just my tought: don't invest based on this idea.
$INTC: Forecast/guessI'm 'hodling' $INTC, my average cost basis is quite good here, so I can afford letthing this winner run. I think we could be in the presence of a huge weekly uptrend but we need to break above the overhead resistance zone before having more confidence in this scenario. For now, I'd reccomend caution and only holding up to 10% of your portfolio in it if invested.
The Spectre and Meltdown security flaws are real and have put a dent in the stock but it's clear long term buyers are still in control, judging by how supply as absorbed lately.
Best of luck,
Ivan Labrie.
Worth a small bet on Intel in a forming sideways move. I belive it is worth a short bet on Intel corp. It seems like we are in close to top in sideways channel. If you take into account the insecure times, it makes it easier to take a short, despite the enormous bull ride we have experienced in 2017. I belive the market will be different in 2018. It will most likely be a more sideway year.
A+ BEARISH candlestick signalSTOP LOSS : 46.77
TAKE PROFIT : 42.56
Risk-reward : 2.17
Longer term trend: Sideways
Current trend: Bearish
General comments:
Bearish movements seen at the end of Jan-18 with recent low being around $42.5. Price then moved higher till current price whereby it faced strong resistance - a strong daily resistance which coincides with the 50% retracement of the bearish move.
An optimal entry is a few cents lower than the low of the bearish pin bar, which is highly probable to happen.
What I like:
1) Reversal pattern happens in close proximity of strong resistance, meaning stop-loss can be tactically close-by.
2) Grade A+ reversal from a candlestick technical standpoint - excellent 3 bar reversal and pin bar closes very close to the low and below the resistance.
3) Trade is with the current trend.
4) Should the target price be triggered, a head and shoulder pattern will be confirmed. This means another shorting opportunity and to carry our trade even further lower.
Other things to note:
If trade is triggered, it will likely last for a few weeks to about a month.
*A probable head and shoulder chart pattern seems to be in the making. I will be keeping an eye in the foreseeable future.
* Do support by liking and following! All suggestions/feedback welcome!
x,
iskfx
Intel Set To Lead Intermediate Bears DownAlthough, harder to identify at first, Intel Corporation is in the process of Grand Supercycle Wave 3. The stock has most likely met a near-term top or will do so no later than tomorrow, January 23. Our short-term target is 40.50 by the end of February. Our Intermediate target is 30.00 by June of 2019. Once the stock reverses up from this 30 mark, the stock should fly high for a while. Finally, the long-term target is 78.00 well out in to the future (2022-2024). As always, the rest of the stats will be up shortly on our site.